Professional Documents
Culture Documents
Factbook 2012
Market Size
(2012)
Market Size
(2015)
2012-17
Growth
(CAGR)
Market Size
(2017)
$4,450.9 B
$5,508.7 B
7%
$6,372.5 B
K-12
$2,227.0 B
$2,625.6 B
6%
$2,930.3 B
Postsecondary
$1,495.2 B
$1,883.5 B
8%
$2,196.9 B
$356.6 B
$449.3 B
8%
$524.0 B
$90.9 B
$166.5 B
23%
$255.5 B
K-12 eLearning
$16.6 B
$39.0 B
33%
$69.0 B
Higher Ed eLearning
$48.8 B
$95.4 B
25%
$149.0 B
Corporate eLearning
$25.5 B
$32.1 B
8%
$37.5 B
$96.1 B
$146.1 B
15%
$193.2 B
$1.0 B
$2.9 B
40%
$5.6 B
$200.0 B
$266.2 B
10%
$322.1 B
$2.0 B
$4.4 B
30%
$7.4 B
$115.0 B
$198.7 B
20%
$286.2 B
$63.3 B
$123.6 B
25%
$193.2 B
$54.0 B
$78.2 B
13%
$100.0 B
$590.9 B
$952.2 B
17%
$1,311.0 B
$1,432.1 B
$1,651.3 B
5%
$1,805.5 B
$941.0 B
$1,085.4 B
5%
$1,184.5 B
K-12
$687.6 B
$788.7 B
4%
$853.1 B
Postsecondary
$535.2 B
$622.1 B
5%
$688.5 B
$18.2 B
$20.5 B
6%
$24.1 B
$18.9 B
$19.8 B
2%
$20.4 B
$133.3 B
$149.9 B
4%
$162.2 B
$32.5 B
$49.1 B
15%
$65.6 B
For-Profit Postsecondary
Social Learning/Communities
Child Care
Edu Gaming
Global Language Learning
Global English Language Learning
Test Preparation/Tutoring Market/Counseling
For-Profit
United States Market Size
US Education Expenditure
International Students
Executive MBA
Corporate & Govt. Learning
eLearning
K-12 eLearning
$5.4 B
$9.3 B
20%
$13.4 B
Higher Ed eLearning
$17.4 B
$28.6 B
18%
$39.8 B
Corporate eLearning
$9.6 B
$11.2 B
5%
$12.3 B
For-Profit Postsecondary
$30.8 B
$40.9 B
10%
$49.5 B
Child Care
$65.0 B
$77.4 B
6%
$87.0 B
$11.0 B
$13.1 B
6%
$14.7 B
$20.1 B
$23.9 B
6%
$26.9 B
$4.8 B
$5.7 B
6%
$6.3 B
Table of Contents
Summary of Education Sectors .................................................................................................................................... 1
GLOBAL DATA ................................................................................................................................................................. 5
Fast Facts ..................................................................................................................................................................... 6
Literacy Rate................................................................................................................................................................. 7
Literacy Rate World Map (2007-2008) .................................................................................................................. 7
Regional Literacy Rates ........................................................................................................................................... 7
National Illiterate Population .................................................................................................................................... 8
Education Index ............................................................................................................................................................ 9
Education Index World Map- 2011 ........................................................................................................................... 9
National Education Index - 2011 ............................................................................................................................ 10
Education Systems (in years) ..................................................................................................................................... 11
Regional Education Systems ................................................................................................................................. 11
National Education Systems .................................................................................................................................. 12
School Age Population ............................................................................................................................................... 13
Primary, Secondary and Tertiary School Age Population ...................................................................................... 14
Pupil-Teacher Ratio .................................................................................................................................................... 15
Pupil-Teacher Ratio for Pre-primary, Primary and Secondary .............................................................................. 15
OECD PISA Scores - Top 25 Countries ..................................................................................................................... 16
Education Attainment in OECD Countries .................................................................................................................. 17
Secondary Education Completion Rate in Select OECD Countries (2009) ........................................................... 17
Tertiary Education Completion Rate in Select OECD countries (2009)................................................................. 18
Post Secondary Penetration Rates ........................................................................................................................ 19
Education Expenditures .............................................................................................................................................. 20
Expenditure as a Percentage of GDP .................................................................................................................... 20
Education Expenditures OECD Overview ........................................................................................................... 22
Percentage of Disposable Income Spent on Education ........................................................................................ 23
Internet Users ............................................................................................................................................................. 24
Top 50 Global Universities ......................................................................................................................................... 26
Largest University Systems by Enrollment ................................................................................................................. 27
International MBA Rankings ....................................................................................................................................... 28
U.S. DATA ...................................................................................................................................................................... 29
The Structure of Education in the United States ........................................................................................................ 30
Total Expenditures of Educational Institutions and % of GDP ................................................................................... 31
K-12 ............................................................................................................................................................................ 32
K-12 Fast Facts (2008-09 School Year) ................................................................................................................ 32
Total and Current Expenditure per Pupil in Fall Enrollment in Public Schools ...................................................... 33
State Current Education Expenditures ................................................................................................................... 34
State Education Expenditure per Pupil .................................................................................................................. 35
Pre-K and Kindergarten Enrollment ....................................................................................................................... 36
K-12 Enrollment...................................................................................................................................................... 37
K-12 Enrollment Trend (in M) ................................................................................................................................. 37
Public K-12 Enrollments Trend (in M) .................................................................................................................... 38
Private K-12 Enrollments Trend (in M) ................................................................................................................... 38
Percentage of 3- to 17-Year-Olds Enrolled in School ............................................................................................ 39
th
National 8 Grade Comparison .............................................................................................................................. 40
Performance of 8th-Graders in NAEP Reading, by Selected Characteristics ....................................................... 41
Teachers and Pupil/Teacher Ratios in Public and Private K-12 Schools .............................................................. 42
Estimated Avg. Annual Salary for Public K-12 Teachers ....................................................................................... 43
Percentage of 18- to 24-year-olds Enrolled in High School or College ................................................................. 44
Trend in High School Graduation ........................................................................................................................... 45
Dropout Rates, by Race/Ethnicity .......................................................................................................................... 46
High School Graduation Rate, by Gender (in Percentage) .................................................................................... 47
Charter Schools .......................................................................................................................................................... 48
National Charter School Data ................................................................................................................................ 48
Top 10 Charter Communities (by Market Share) ................................................................................................... 49
Homeschooling ........................................................................................................................................................... 50
General Facts and Trends ..................................................................................................................................... 50
Postsecondary ............................................................................................................................................................ 96
Total and Online Enrollments in Degree-Granting Postsecondary Institutions ...................................................... 96
Percentage of Undergraduate Students Taking Distance Education Courses ...................................................... 97
Postsecondary Online Enrollment Growth and Projection ..................................................................................... 98
Postsecondary Online Enrollment and Percentage of Total .................................................................................. 98
Top Online Colleges ............................................................................................................................................... 99
MARKET STATISTICS ................................................................................................................................................. 100
Recent IPOs ............................................................................................................................................................. 101
Private Equity Investments in Education .................................................................................................................. 102
Large Private Equity Deals in US Education Industry (2010-11) ......................................................................... 102
Venture Capital Investments in Education-Technology Companies .................................................................... 102
US Education Industry Revenues (in $, T) ............................................................................................................... 103
For-Profit Childcare Market (in $, B) ......................................................................................................................... 104
K-12 For-profit Education Industry............................................................................................................................ 105
K-12 For-profit Total Market ................................................................................................................................. 105
K-12 Instructional Media and Services ................................................................................................................ 106
K-12 Basal Content .............................................................................................................................................. 106
K-12 Supplemental Content ................................................................................................................................. 107
K-12 Assessment ................................................................................................................................................. 107
K-12 Technology .................................................................................................................................................. 108
K-12 Professional Development........................................................................................................................... 108
K-12 Tutoring and Test Preparation ..................................................................................................................... 109
Post Secondary ........................................................................................................................................................ 110
Market Share of Private For-Profit Institutions as a % of Total Enrollment.......................................................... 110
Revenue of For-Profit Degree-Granting Institutions ............................................................................................. 110
For-Profit Fall Enrollment ..................................................................................................................................... 111
For-Profit Institutions ............................................................................................................................................ 111
Corporate Learning Market....................................................................................................................................... 112
Learning Management Systems Market ................................................................................................................... 113
Education Publishing Net Dollar Sales ..................................................................................................................... 113
INDUSTRY LEADERS .................................................................................................................................................. 114
Top US For-Profit Childcare Providers (Ranked by Capacity) ................................................................................. 115
Top 10 Providers of Worksite Childcare (Ranked by Enrollment) ............................................................................ 115
Top Testing and Assessment Providers ................................................................................................................... 116
Leading K-12 Professional Development Providers ................................................................................................. 117
Leading K-12 Tutoring and Test Preparation Providers ........................................................................................... 118
Top 10 For-Profit Educational Management Organizations ..................................................................................... 119
Full-Time Online Schools Managed by For-Profit EMOs ......................................................................................... 120
Leading Corporate Learning Provider ...................................................................................................................... 121
Top Companies in the Learning & Development Outsourcing Industry ................................................................... 122
For Profit Postsecondary School Operators Enrollment, Revenue ....................................................................... 123
Leading Learning Management Systems ................................................................................................................. 124
Leading Education Publishers .................................................................................................................................. 125
Top 2011 Inc. 500|5000 Education Companies ....................................................................................................... 126
GLOBAL DATA
Fast Facts
Over two-thirds of the world's 793 million illiterate adults are found in only eight countries
(India, China, Bangladesh, Pakistan, Nigeria, Ethiopia, Brazil and Egypt).
Extremely low literacy rates are concentrated in three regions, South and West Asia, SubSaharan Africa, and the Arab states, where around one-third of the men and half of all
women are illiterate.
The number of children of primary school age who were out of school fell from 103 million
in 1999 to 73 million in 2006. In that year, primary school enrollment in developing
countries reached 88% on average, up from 83% in 2000.
In sub-Saharan Africa, the net primary school enrollment ratio has only recently reached
71%, even after a significant jump in enrollment that began in 2000. Around 38 million
children of primary school age in this region are still out of school.
In Southern Asia, the enrollment ratio has climbed above 90%, yet more than 18 million
children of primary school age are not enrolled.
Projections suggest that without further acceleration, 58 out of the 86 countries that have
not yet reached universal primary education will not achieve it by 2015.
Literacy Rate
Literacy Rate World Map (2007-2008)
Adult (15+)
Illiterate pop
Literacy rate
Illiterate pop
World
793.1
83.7%
127.3
89.3%
Africa
215.3
63.3%
51.5
74.5%
North America
17.3
95.8%
2.0
97.7%
South America
22.5
91.9%
1.4
98.0%
531.3
81.9%
71.6
90.2%
Europe
4.9
99.2%
0.4
99.6%
Oceania
1.8
93.1%
0.5
91.3%
Asia
Literacy rate
Literacy rate
(in %)
1 India
283.1
62.8%
1 India
40.7
81.1%
2 China
64.6
94.0%
2 Pakistan
11.0
68.5%
3 Pakistan
50.0
53.2%
3 Nigeria
8.8
71.8%
4 Bangladesh
49.0
55.9%
4 Ethiopia
8.1
44.6%
5 Nigeria
34.8
60.8%
5 Bangladesh
4.6
75.5%
6 Ethiopia
28.9
29.8%
6 Egypt
2.6
84.9%
7 Egypt
17.8
68.9%
7 Congo
2.0
65.4%
8 Brazil
14.1
89.9%
8 Tanzania
2.0
77.4%
9 Indonesia
12.9
92.1%
9 Burkina Faso
1.8
36.1%
10 Congo
11.7
66.8%
10 Mali
1.6
38.8%
11 Morocco
10.1
55.6%
11 Niger
1.5
36.5%
12 Iran
8.3
83.3%
12 China
1.5
99.4%
13 Sudan
7.7
70.2%
13 Cte d'Ivoire
1.4
66.6%
14 Nepal
7.6
59.1%
14 Madagascar
1.4
64.9%
15 Tanzania
6.6
72.9%
15 Morocco
1.3
78.7%
16 Algeria
6.5
72.6%
16 Mozambique
1.3
70.9%
17 Mozambique
5.8
55.1%
17 Sudan
1.2
85.9%
18 Burkina Faso
5.6
26.1%
18 Chad
1.2
46.3%
19 Cte d'Ivoire
5.6
55.3%
19 Nepal
1.1
82.0%
20 Mexico
5.1
92.5%
20 Iraq
1.1
82.7%
21 Turkey
5.0
89.0%
21 Angola
1.0
73.1%
22 Yemen
5.0
62.4%
22 Ghana
1.0
80.1%
23 Mali
5.0
26.2%
23 Uganda
1.0
84.1%
24 Ghana
4.9
66.6%
24 Senegal
0.9
57.9%
0.8
84.1%
Country
0
Country
25 Niger
4.8
28.7%
25 Yemen
Source: UNESCO Institute for Statistics, for 2005-2009
Literacy rate
(in %)
With lower literacy rates and a large illiterate population, notably among younger people, emerging Asian countries
will face the challenge of educating a large, growing and active population.
India itself represents as much as 36% of the worlds illiterate adult population.
Education Index
Education Index World Map- 2011
The Education Index is measured by the adult literacy rate (with two-thirds weighting) and the combined primary,
secondary, and tertiary gross enrollment ratio (with one-third weighting). The adult literacy rate gives an indication of
the ability to read and write, while the Gross Enrollment Ratio (GER) gives an indication of the level of education from
kindergarten to postgraduate education.
Education is a major component of well-being and is used in the measure of economic development and quality of life,
which is a key factor in determining whether a country is a developed, developing, or underdeveloped country.
Country
Value Since
Education
2005
Index
New Zealand
Norway
Australia
Ireland
United States
6 Korea
7 Slovenia
8 Netherlands
9 Germany
1
2
3
4
5
1.000
0.985
0.981
0.963
0.939
0.934
0.933
0.931
0.928
10 Canada
others
27 France
0.927
0.87
28 Hungary
34 Hong Kong, China
Kazakhstan
35 (SAR)
0.866
0.837
0.834
36 Romania
37 Poland
0.831
0.822
39 United Kingdom
40 Argentina
0.815
0.806
41 Montenegro
42 Bulgaria
0.802
0.802
43 Cyprus
80 Uzbekistan
0.798
0.711
81 Jordan
82 South Africa
0.71
0.705
95 Philippines
96 Sri Lanka
0.684
0.68
102 Brazil
115 Qatar
0.663
0.623
116 China
119 Thailand
0.623
0.597
120 Indonesia
121 Turkey
0.584
0.583
122 Kenya
128 Zimbabwe
0.582
0.566
129 Egypt
146 India
0.56
0.45
147 Morocco
148 Nigeria
0.447
Last Niger
10
0.442
0.177
Increase
Steady
Decrease
World
Ending Age
Duration of
Primary Edu
9.01 yrs.
6.02 yrs.
14.12 yrs.
5.72 yrs.
Arab States
9.05
6.00
14.20
5.70
9.11
6.58
14.68
4.40
Central Asia
9.67
6.78
15.44
4.11
9.03
5.84
13.88
5.82
9.88
5.55
14.48
6.17
Western Europe
10.40
5.96
15.40
5.81
North America
11.50
6.00
16.50
6.00
7.22
5.67
12.00
5.56
7.52
6.28
13.00
6.13
A higher duration of compulsory education and a higher ending age of compulsory education are found among
economically well-developed countries.
11
49 Brazil
8.00
68 China
9.00
80 India
9.00
81 Indonesia
9.00
113 Turkey
9.00
119 Argentina
10.00
140 Japan
10.00
150 Russia
10.00
154 Sweden
10.00
165 France
11.00
193 United States
12.00
198 Germany
13.00
199 Netherlands
13.00
Source: UNESCO Institute for Statistics
Starting Age
Ending Age
6 yrs.
7.00
6.00
10 yrs.
12.00
10.00
6.00
5.00
5.00
5.00
NA
6.00
7.00
6.00
6.00
6.00
6.00
7.00
10.00
9.00
9.00
9.00
NA
11.00
12.00
11.00
11.00
11.00
16.00
12.00
7.00
6.00
6.00
7.00
6.00
5.00
14.00
14.00
14.00
15.00
14.00
14.00
6.00
6.00
7.00
6.00
6.00
6.00
5.00
15.00
15.00
16.00
16.00
17.00
18.00
17.00
Developing countries present lower durations and ending age of compulsory education. The BRICs and other fast
developing economies show better education systems, slightly shorter than the wealthiest nations.
12
World
122.7 M
36.1
79.8
31.0
Sub-Saharan Africa
67.7
Sub-Saharan Africa
22.4
30.1
11.0
Arab States
17.1
Arab States
7.6
15.6
Western Europe
4.5
North America
13.3
North America
4.4
Western Europe
12.2
4.3
Central Asia
1.4
Central Asia
5.3
India
75.2
India
24.8
China
50.5
China
17.7
Nigeria
14.2
Nigeria
4.4
12.6
Indonesia
4.3
Bangladesh
9.3
4.0
Indonesia
8.8
Pakistan
3.9
Pakistan
7.8
Bangladesh
3.2
Ethiopia
7.1
Ethiopia
2.3
6.5
Philippines
2.2
Russian Federation
5.7
Mexico
2.2
Mexico
4.5
2.0
Vietnam
4.2
Egypt
1.7
Afghanistan
4.0
Central Asia
1.4
Turkey
3.7
Russian Federation
1.3
Kenya
3.7
Vietnam
1.3
Uganda
3.5
1.3
Egypt
3.4
Turkey
1.3
Japan
3.3
Kenya
1.1
Thailand
2.8
Japan
1.1
2.7
Uganda
1.1
13
Secondary
Tertiary
World
655.0M World
780.9M World
608.1M
179.5
243.7
188.5
169.0
209.9
165.8
Sub-Saharan Africa
129.3
Sub-Saharan Africa
108.8
Sub-Saharan Africa
76.5
52.9
58.5
66.9
Arab States
42.5
Arab States
43.7
Arab States
34.6
19.9
Western Europe
33.8
Western Europe
25.5
North America
25.9
North America
28.0
North America
23.7
Western Europe
24.9
34.9
32.2
Central Asia
11.1
Central Asia
Central Asia
India
5.6
8.5
123.6
India
169.8
China
120.3
China
Latin America and Caribbean
93.3
China
125.4
India
114.9
58.5
Pakistan
28.1
Indonesia
21.7
Indonesia
25.6
Indonesia
26.0
21.4
Nigeria
24.2
Bangladesh
22.1
Pakistan
18.5
Pakistan
20.1
Nigeria
20.1
Brazil
17.0
Bangladesh
16.0
Mexico
13.2
Bangladesh
14.9
Ethiopia
13.3
Vietnam
11.9
Nigeria
14.7
Mexico
12.9
Ethiopia
11.4
Russian Federation
12.3
Philippines
Democratic Republic of Congo
12.9
Russian Federation
10.9
Mexico
10.0
11.0
Iran
9.5
Philippines
9.3
Egypt
United Republic of Tanzania
9.8
Egypt
9.5
Iran
9.2
8.0
9.2
Vietnam
9.0
South Africa
7.0
Turkey
Democratic Republic of Congo
9.0
Egypt
8.2
Japan
7.0
Philippines
8.0
Ethiopia
7.6
Uganda
6.7
Germany
7.5
Japan
6.6
Vietnam
6.5
Japan
7.2
6.4
Turkey
6.4
Thailand
6.3
Turkey
Democratic Republic of Congo
Kenya
6.3
5.6
Thailand
5.3
6.1
14
Pupil-Teacher Ratio
Pupil-Teacher Ratio for Pre-primary, Primary and Secondary
Pre-Primary
World
Central and Eastern Europe
Primary
20.9
9.5
Secondary
World
24.8
World
17.5
North America
13.9
11.2
Central Asia
10.6
Western Europe
13.9
Central Asia
11.2
Western Europe
13.6
Central Asia
16.7
Western Europe
12.5
North America
15.2
17.3
North America
14.0
Arab States
20.4
18.3
Arab States
15.3
Arab States
20.9
16.0
21.0
Sub-Saharan Africa
26.3
Sub-Saharan Africa
44.7
Sub-Saharan Africa
24.2
39.6
39.3
30.4
15
Mean
Score
556
Shanghai-China
Math
Mean
Score
600
Shanghai-China
Reading
Mean
Score
575
Shanghai-China
Korea
539
Singapore
562
Finland
554
Finland
536
Hong Kong-China
555
Hong Kong-China
549
Hong Kong-China
533
Korea
546
Singapore
542
Singapore
526
Chinese Taipei
543
Japan
539
Canada
524
Finland
541
Korea
538
New Zealand
521
Liechtenstein
536
New Zealand
532
Japan
520
Switzerland
534
Canada
529
Australia
515
Japan
529
Estonia
528
10
Netherlands
508
10
Canada
527
10
Australia
527
11
Belgium
506
11
Netherlands
526
11
Netherlands
522
12
Norway
503
12
Macao-China
525
12
Chinese Taipei
520
13
Estonia
501
13
New Zealand
519
13
Germany
520
14
Switzerland
501
14
Belgium
515
14
Liechtenstein
520
15
Poland
500
15
Australia
514
15
Switzerland
517
16
Iceland
500
16
Germany
513
16
United Kingdom
514
17
United States
500
17
Estonia
512
17
Slovenia
512
18
Liechtenstein
499
18
Iceland
507
18
Macao-China
511
19
Sweden
497
19
Denmark
503
19
Poland
508
20
Germany
497
20
Slovenia
501
20
Ireland
508
21
Ireland
496
21
Norway
498
21
Belgium
507
22
France
496
22
France
497
22
Hungary
503
23
Chinese Taipei
495
23
Slovak Republic
497
23
United States
502
24
Denmark
495
24
Austria
496
24
Czech Republic
500
25
United Kingdom
494
25
Poland
495
25
Norway
500
16
Grad. Rate
1 Portugal
96.4%
2 Slovenia
96.0%
3 Finland
95.2%
4 Japan
94.9%
5 United Kingdom
92.3%
6 Norway
91.5%
7 Ireland
91.3%
8 New Zealand
90.0%
9 Switzerland
89.7%
10 Israel
89.5%
11 Korea
88.8%
17 Czech Republic
83.8%
OECD average
82.2%
18 Slovak Republic
81.0%
19 Italy
80.8%
20 Canada
78.7%
21 United States
76.4%
100%
80%
60%
40%
20%
0%
Source: OECD
17
Country
Tertiary Education
Completion rate
(as % of 25-64 age
population)
1 Canada
49.5%
2 Israel
44.9%
3 Japan
43.8%
4 United States
41.2%
5 New Zealand
40.1%
6 Korea
38.8%
7 Finland
37.3%
8 Australia
36.9%
9 United Kingdom
36.9%
10 Norway
36.7%
11 Estonia
36.0%
17 Sweden
33.0%
18 Netherlands
32.8%
19 Iceland
32.8%
OECD average
29.9%
20 Spain
29.7%
21 France
28.9%
22 Germany
26.4%
60%
40%
20%
0%
Source: OECD
18
2006 Population
100%
1,400
M
1,200
80%
1,000
60%
800
600
40%
400
20%
200
0%
0
US
UK
Japan
China
Source: US DOE/NCES, PRC Min. of Education, UNESCO Statistical Yearbook, US Census Bureau
19
Education Expenditures
Expenditure as a Percentage of GDP
Country
Ed. Expenditure
(% of GDP)
Reported
Year
Thailand
14.0%
2010
Costa Rica
13.4%
2009
Kenya
13.1%
2008
Iran
11.5%
2009
Burkina Faso
9.2%
2010
Poland
Canada
9.1%
7.4%
2010
2008
Luxembourg
5.9%
2008
Puerto Rico
5.6%
2007
Finland
5.6%
2008
Saudi Arabia
United Kingdom
5.6%
5.5%
2008
2008
5.2%
2008
Norway
4.9%
2008
Jamaica
4.9%
2008
Sudan
4.9%
2007
Russian Federation
4.9%
2009
Chile
4.8%
2010
Philippines
4.8%
2008
Bangladesh
4.8%
2008
Belgium
4.8%
2008
Nigeria
4.7%
2011
India
4.7%
2010
Israel
4.6%
2008
Algeria
4.3%
2008
China
3.6%
2010
Indonesia
3.4%
2008
Brazil
Hong Kong
2.6%
2.5%
2009
2009
Zambia
2.5%
2010
Ghana
2.4%
2008
Qatar
2.4%
2008
Afghanistan
2.4%
2008
Italy
2.1%
2008
Australia
2.0%
2010
1.3%
2008
Tanzania
Source: UNESCO Institute for Statistics
20
Country
G-7
France
5.6%
Brazil
5.4%
Canada
4.8%
Germany
4.6%
Italy
Japan
4.6%
3.4%
Asian Tigers
Korea, South
4.8%
Hong Kong
3.6%
Singapore
3.3%
Source: UNESCO Institute for Statistics
21
Country
2000
2008
OECD Avg
5.5%
5.7%
Iceland
Korea
Israel
Norway
United States
Denmark
Chile
Belgium
New Zealand
Sweden
Argentina
Canada
France
Finland
Mexico
Estonia
Poland
Switzerland
7.1%
6.1%
7.6%
6.8%
6.9%
6.6%
6.7%
6.1%
6.3%
5.9%
6.4%
5.6%
5.0%
5.6%
5.7%
7.9%
7.6%
7.3%
7.3%
7.2%
7.1%
7.1%
6.6%
6.6%
6.3%
6.1%
6.0%
6.0%
5.9%
5.8%
5.8%
5.7%
5.7%
Ed. expenditure
(% of GDP)
Country
United Kingdom
Netherlands
Ireland
Austria
Brazil
Portugal
Australia
Spain
Japan
Italy
Germany
Hungary
Czech Republic
Slovak Republic
2000
2008
4.9%
5.1%
4.5%
5.5%
3.5%
5.2%
5.0%
4.8%
5.0%
4.5%
4.9%
4.3%
4.2%
4.1%
5.7%
5.6%
5.6%
5.4%
5.3%
5.2%
5.2%
5.1%
4.9%
4.8%
4.8%
4.8%
4.5%
4.0%
9%
2008
2000
6%
3%
22
Slovak Republic
Czech Republic
Hungary
Germany
Italy
Japan
Spain
Australia
Portugal
Brazil
Austria
Ireland
Netherlands
OECD Avg
United Kingdom
Switzerland
Poland
Mexico
Finland
France
Canada
Sweden
Belgium
Chile
Denmark
United States
Norway
Korea
Iceland
0%
7.0%
7%
6%
5%
4%
3%
2%
1.9%
2.0%
Japan
USA
1%
0%
China
Source: US Dept. of Labor, China Statistical Yearbook, Japan Statistics Bureau, ChinaHR.com, US Census Bureau,
Ministry of Personnel
23
Internet Users
Internet Users Distribution by Region
Af rica
6% North America
13%
Oceania/Australia
1%
Europe
23%
Asia
44%
Latin America
10%
Middle East
3%
24
Region
Penetration Rate
Growth 2000-2011
World Total
2,095
30%
480%
1 North America
272
78%
152%
21
60%
179%
3 Europe
476
58%
353%
4 Latin America
216
36%
1037%
69
32%
1987%
6 Asia
922
24%
707%
7 Africa
119
11%
2527%
2 Oceania/Australia
5 Middle East
Penetration Rate
Growth 2000-2011
100%
3000%
75%
2000%
50%
1000%
25%
0%
0%
25
University
Location Rank
University
Location
USA
USA
Stanford University
USA
27 University of Arizona
USA
Harvard University
USA
USA
USA
29 Princeton University
USA
USA
USA
Cornell University
USA
USA
University of Michigan
USA
32 University of Maryland
USA
University of Pennsylvania
USA
33 University of Chicago
USA
University of Washington
USA
USA
USA
35 University of Toronto
11 Columbia University, NY
USA
12 University of Wisconsin-Madison
USA
37 Duke University
USA
13 University of Minnesota
USA
USA
USA
USA
Canada
16 Yale University
USA
USA
17 Purdue University
USA
USA
USA
18 University of Cambridge
UK
19 University of Oxford
UK
UK
Canada
USA
USA
46 University of Illinois(Urbana-Champaign)
USA
22 University of Virginia
USA
USA
USA
48 Universitt Wien
24 Indiana University
USA
USA
25 University of Florida
USA
USA
USA
26
UK
Austria
Location
Affiliation Enrollment
Islamabad, Pakistan
Public
1.9 million
Public
1.8 million
Tehran, Iran
Private
1.3 million
Anadolu University
Eskiehir, Turkey
Public
884,081
Gazipur, Bangladesh
Public
800,000
Gazipur, Bangladesh
Public
600,000
Public
478,000
Public
450,000
Public
418,000
10
Public
417,000
11
University of Delhi
Public
400,000
12
Universitas Terbuka
Jakarta, Indonesia
Public
350,000
13
University of Karachi
Karachi, Pakistan
Public
345,000
14
Public
316,050
15
Public
301,570
16
Osmania University
Hyderabad, India
Public
300,000
17
Public
300,000
18
Public
290,000
19
Tribhuvan University
Kirtipur, Nepal
Public
272,746
20
Public
250,000
21
Public
229,070
22
Public
220,727
23
Universidade Estcio de S
Private
215,000
24
South Korea
Public
210,978
25
University of California
Public
209,080
26
Open University
Milton Keynes, UK
Public
203,744
27
University of Phoenix
Private
200,000
28
Cairo University
Cairo, Egypt
Public
200,000
29
University of Calcutta
Public
200,000
30
Public
190,000
27
School
USA
USA
University of Pennsylvania:Wharton
USA
Insead
MIT: Sloan
USA
IE Business School
Spain
11
10
Spain
10
China
11
11
India
12
12
15
11
USA
13
14
28
14
IMD
14
25
20
22
USA
15
20
22
18
USA
16
21
13
20
USA
17
15
18
15
USA
18
18
13
18
HEC Paris
19
18
12
17
USA
20
13
16
15
India
20
15
16
17
USA
20
27
16
21
UK
USA
France/Singapore
Switzerland
France
28
UK
U.S. DATA
29
Note: Figure is not intended to show relative number of institutions nor relative size of enrollment for the different
levels of education. Figure reflects typical patterns of progression rather than all possible variations. Adult Education
Programs, while not separately delineated above, may provide instruction at adult basic, adult secondary, or
postsecondary education levels.
Source: Institute of Education Sciences (ies) National Center for Education Statistics
30
Total Expenditure
(in $, B)
%
of GDP
1981-82
1982-83
1983-84
1984-85
1985-86
1986-87
1987-88
1988-89
1989-90
1990-91
1991-92
1992-93
1993-94
1994-95
1995-96
1996-97
1997-98
1998-99
1999-00
2000-01
2001-02
2002-03
2003-04
2004-05
2005-06
2006-07
2007-08
2008-09E
2009-10E
190.8
204.7
221.0
239.4
259.3
281.0
301.8
333.2
365.8
395.3
417.9
439.7
460.8
485.2
508.5
538.9
570.5
603.8
649.3
705.0
752.8
795.7
830.3
876.0
925.7
984.0
1,054.2
1,080.0
1,111.0
6.1%
6.3%
6.3%
6.1%
6.1%
6.3%
6.4%
6.5%
6.7%
6.8%
7.0%
6.9%
6.9%
6.8%
6.9%
6.9%
6.8%
6.9%
6.9%
7.1%
7.3%
7.5%
7.5%
7.4%
7.3%
7.3%
7.5%
7.5%
7.9%
31
K-12
K-12 Fast Facts (2008-09 School Year)
TOTAL PUBLIC SCHOOL EXPENDITURES: $596.6B
Current Expenditures: $506.8B
Instruction: $308.2B
Student Services: $27.4B
Food Services: $19.2B
Enterprise Operations: $1.2B
Capital Outlay: $65.8B
Interest on School Debt: $15.7B
Other Current Expenditures: $8.3B
AVERAGE PUBLIC PER PUPIL EXPENDITURE: $10,499
PUBLIC SCHOOL STUDENT-TEACHER RATIO: 15.3:1
AVERAGE PRIVATE SCHOOL TUITION: $8,549
Elementary: $6,733
Secondary: $10,549
Combined: $10,045
PRIVATE SCHOOL STUDENT-TEACHER RATIO: 11:1
ElementarySchools: 12:1
Secondary Schools: 12:1
Combined Schools: 9:1
AVERAGE CATHOLIC SCHOOL TUITION: $4,947
Elementary: $3,383
Secondary: $8,787
CATHOLIC SCHOOL STUDENT-TEACHER RATIO: 14:1
Elementary: 14:1
Secondary: 12:1
32
Total and Current Expenditure per Pupil in Fall Enrollment in Public Schools
Total Exp.
Current Exp.
Unadjusted
Constant
Unadjusted
Constant
dollars
08-09 dollars
dollars
08-09 dollars
197071
$970
5,243
$842
4,552
198081
2,529
6,268
2,307
5,718
199091
5,486
8,790
4,902
7,857
199596
6,443
8,949
5,689
7,904
199697
6,764
9,133
5,923
8,002
199899
7,533
9,825
6,508
8,490
199900
8,033
10,182
6,912
8,765
200001
8,575
10,508
7,380
9,048
200102
8,996
10,833
7,727
9,309
200203
9,299
10,958
8,044
9,482
200304
9,627
11,103
8,310
9,586
200405
10,081
11,286
8,711
9,754
200506
10,615
11,438
9,154
9,865
200607
11,252
11,832
9,679
10,178
200708
11,950
12,117
10,297
10,441
33
Instruction
506.83
290.68
1 California
61.57
34.46
2 New York
46.44
3 Texas
1
0 United States
Expenditure ($, B)
Total
Instruction
1
0 United States
506.83
290.68
27 Kentucky
5.82
3.22
30.17
28 Oregon
5.41
2.96
39.03
21.49
29 Oklahoma
4.93
2.75
4 Florida
24.22
13.65
30 Kansas
4.63
2.63
5 New Jersey
24.36
13.35
31 Iowa
4.50
2.55
6 Pennsylvania
21.16
12.48
32 Arkansas
4.16
2.37
7 Illinois
21.87
11.97
33 Mississippi
3.90
2.17
8 Ohio
18.89
10.47
34 Nevada
3.52
2.01
9 Michigan
17.05
9.65
35 Utah
3.44
1.89
10 Georgia
16.03
9.36
36 Nebraska
2.97
1.80
11 Massachusetts
13.16
7.96
37 New Mexico
3.06
1.64
12 Virginia
13.13
7.63
38 West Virginia
2.84
1.63
13 North Carolina
11.48
6.98
39 Maine
2.31
1.48
14 Maryland
11.19
6.26
40 New Hampshire
2.40
1.45
15 Indiana
9.28
5.70
41 Rhode Island
2.13
1.23
16 Wisconsin
9.37
5.53
42 Hawaii2
2.12
1.21
17 Washington
9.33
5.20
43 Idaho
1.89
1.09
18 Minnesota
8.42
5.20
44 Alaska
1.92
0.93
19 Missouri
8.53
4.81
45 Delaware
1.49
0.86
20 Connecticut
8.34
4.93
46 Vermont
1.36
0.82
21 Arizona
8.40
4.75
47 Montana
1.39
0.80
22 Tennessee
7.54
4.45
48 Wyoming
1.19
0.66
23 Colorado
7.34
3.81
49 District of Columbia2
1.28
0.59
24 Alabama
6.83
3.66
50 South Dakota
1.04
0.57
25 Louisiana
6.81
3.51
51 North Dakota
0.89
0.49
26 South Carolina
6.45
3.47
Note:
1
US totals include the 50 states and the District of Columbia.
2
Both the District of Columbia and Hawaii have only one school district each; therefore, neither is comparable to other
states.
Source: ies National Center for Education Statistics, 2010
34
Fall 2008
Expenditure
Fall 2008
Expenditure
Enrollment
Per Pupil
Enrollment
Per Pupil
(In M)
($)
(In M)
($)
49.27
10,297
49.27
10,297
1.38
17,620
27 California
6.32
9,706
2.74
16,794
28 Georgia
1.66
9,718
0.07
16,353
29 Oregon
0.58
9,565
4 Alaska
0.13
14,641
30 Missouri
0.92
9,532
5 Connecticut
0.57
14,610
31 Iowa
0.49
9,520
6 Rhode Island
0.15
14,459
32 North Dakota
0.09
9,324
7 Vermont
0.09
14,421
33 New Mexico
0.33
9,291
8 Wyoming
0.09
13,856
34 Alabama
0.75
9,197
9 Massachusetts
0.96
13,667
35 Colorado
0.82
9,152
10 Maryland
0.84
13,235
36 Florida
2.63
9,084
11 Delaware
0.13
12,153
37 South Carolina
0.72
9,060
12 New Hampshire
0.20
11,951
38 Washington
1.04
9,058
13 Maine
0.19
11,761
39 Indiana
1.05
8,867
1.78
11,741
40 Kentucky
0.67
8,740
0.18
11,800
41 Arkansas
0.48
8,677
16 Wisconsin
0.87
10,791
42 South Dakota
0.13
8,535
17 Virginia
1.24
10,664
43 Texas
4.75
8,350
18 Nebraska
0.29
10,565
44 Nevada
0.43
8,187
19 Illinois
2.12
10,353
45 Mississippi
0.49
7,890
20 Ohio
1.82
10,340
46 Tennessee
0.97
7,820
21 Michigan
1.66
10,075
47 North Carolina
1.49
7,798
22 West Virginia
0.28
10,059
48 Arizona
1.09
7,727
23 Minnesota
0.84
10,048
49 Oklahoma
0.65
7,683
24 Louisiana
0.68
10,006
50 Idaho
0.28
6,951
25 Kansas
0.47
9,883
51 Utah
0.56
5,978
26 Montana
0.14
9,786
United States
1 New Jersey
2 New York
3 District of Columbia
14 Pennsylvania
15 Hawaii
United States
Note:
1
US totals include the 50 states and the District of Columbia.
2
Both the District of Columbia and Hawaii have only one school district each; therefore, neither is comparable to other
states.
Source: ies National Center for Education Statistics, 2010
35
1980
1990
2000
2005
2009
4,878
6,659
7,592
7,801
8,076
52.5%
59.4%
64.0%
82.7%
63.5%
Public
3,066
3,971
4,847
5,213
5,847
Private
1,812
2,688
2,745
2,588
2,229
Pre-kindergarten
1,981
3,379
4,326
4,529
4,648
Kindergarten
2,897
3,280
3,266
3,272
3,428
Full-day
1,551
2,577
4,008
4,548
4,916
Part-day
3,327
4,082
3,584
3,253
3,160
31.8%
38.7%
52.8%
58.3%
60.9%
Total
Percent enrolled
Control
Level
Attendance
36
Private
Year
Total
Total
Pre K-8
9-12
Total
Pre K-8
9-12
1970
51.3
45.9
32.6
13.3
5.4
4.1
1.31
1980
46.2
40.9
27.6
13.2
5.3
4.0
1.34
1990
46.9
41.2
29.9
11.3
5.6
4.5
1.14
1995
50.8
44.8
32.3
12.5
5.9
4.8
1.14
2000
53.4
47.2
33.7
13.5
6.2
4.9
1.26
2001
54.0
47.7
33.9
13.7
6.3
5.0
1.30
2002
54.4
48.2
34.1
14.1
6.2
4.9
1.31
2003
54.6
48.5
34.2
14.3
6.1
4.8
1.31
2004
54.9
48.8
34.2
14.6
6.1
4.8
1.33
2005
55.2
49.1
34.2
14.9
6.1
4.7
1.35
2006
55.3
49.3
34.2
15.1
6.0
4.6
1.36
2007
55.2
49.3
34.2
15.1
5.9
4.5
1.36
2008
55.2
49.3
34.3
15.0
6.0
4.6
1.40
2009E
55.3
49.3
34.5
14.8
6.0
4.6
1.39
2010E
55.3
49.4
34.7
14.7
6.0
4.6
1.38
2011E
55.5
49.6
35.0
14.6
6.0
4.6
1.36
2012E
55.8
49.8
35.2
14.6
6.0
4.6
1.34
2015E
56.9
50.8
35.9
14.9
6.0
4.8
1.27
58.6
52.3
37.2
15.2
6.2
2019E
Source: ies National Center for Education Statistics, 2010
4.9
1.32
50
40
30
20
10
0
1990
2000
2002
2004
2006
37
2008
2010E
2012E
2019E
9-12
50
45
40
35
30
25
20
15
10
5
0
1970
1990
2000
2002
2004
2006
2008
2006
2008
2010E
9-12
7
6
5
4
3
2
1
0
1970
1990
2000
2002
2004
38
2010E
5 and 6
7 to 13
14 to 17
1970
20.5%
89.5%
99.2%
94.1%
1980
36.7
95.7
99.3
93.4
1985
38.9
96.1
99.2
94.9
1990
44.4
96.5
99.6
95.8
1995
48.7
96.0
98.9
96.3
1997
52.6
96.5
99.1
96.6
1998
52.1
95.6
98.9
96.1
1999
54.2
96.0
98.7
95.8
2000
52.1
95.6
98.2
95.7
2001
52.4
95.3
98.3
95.8
2002
56.3
95.5
98.3
96.4
2003
55.1
94.5
98.3
96.2
2004
54.0
95.4
98.4
96.5
2005
53.6
95.4
98.6
96.5
2006
55.7
94.6
98.3
96.4
2007
54.5
94.7
98.4
96.4
2008
52.8
93.8
98.7
96.6
2009
52.4
94.1
98.2
96.3
39
284
269
283
279
279
273
292
287
283
260
278
278
278
287
283
285
285
290
282
273
289
288
299
280
295
269
282
293
283
278
292
294
274
280
286
292
289
279
283
286
283
281
291
274
290
283
294
289
288
273
289
288
265
258
261
260
259
255
271
275
266
242
262
262
257
268
266
265
265
267
269
255
270
271
275
265
270
254
267
273
268
258
272
275
256
266
263
269
268
260
264
268
265
260
269
259
261
267
274
267
268
256
267
270
40
150
139
NA
141
144
137
156
155
148
NA
146
147
139
158
148
152
156
NA
156
139
158
148
160
153
159
132
156
162
NA
141
160
155
143
149
144
162
158
146
154
154
146
143
161
148
150
158
156
155
145
157
158
158
Writing
2007
154
148
NA
148
151
148
161
172
158
NA
158
153
144
154
160
155
155
156
151
147
161
NA
167
151
156
142
153
157
NA
143
160
175
143
154
153
154
156
153
NA
159
154
148
NA
156
151
152
162
157
158
146
158
158
Selected characteristic
1992
2002
2007
2011
260
264
263
265
Male
254
260
258
261
Female
267
269
268
270
White
267
272
272
274
Black
237
245
245
249
Hispanic
241
247
247
252
Asian/Pacific Islander
268
267
271
275
NA
250
247
252
243
248
245
248
251
257
253
254
Some postsecondary
265
268
266
267
Graduated college
271
274
273
275
Race/ethnicity
Source: ies National Center for Education Statistics, Nations Report Card
th
8 graders performance has shown little improvement since 1992 and virtually no change since 2002.
Females consistently score higher than male students.
th
th
White and Asian/Pacific Islanders 8 graders scores higher than Black and Hispanic 8 graders, a trend that will later
be reflected in graduation and dropout rates (Dropout rates, by race/ethnicity, in page 47)
41
Public
Private
Teachers, in thousands
1980
2,485
2,184
301
1990
2,759
2,398
361
1998
3,230
2,830
400
2000
3,366
2,941
424
2005
3,593
3,143
450
2007
3,634
3,178
456
2008
3,674
3,219
455
2009E
3,617
3,161
457
Public
Private
Total
Thousands
3
2
1
0
1980
1990
1998
2000
2005
2007
2008 2009E
Total
Public
Private
Pupil/Teacher Ratio
Public
Private
Total
20
1980
18.6%
18.7%
17.7%
1990
17.0
17.2
15.6
16
1998
16.3
16.4
15.0
12
2000
15.9
16.0
14.5
2005
15.4
15.6
13.5
2007
15.2
15.5
13.0
2008
15.0
15.3
13.1
2009E
15.3
15.6
13.1
1980
1990
1998
2000
2005
2007
2008 2009E
The number of public elementary and secondary school teachers rose by 15% between 1998 and 2009. The number
of public school teachers has risen faster than the number of students during that period, resulting in declines in the
pupil/teacher ratio. In the fall of 2008, there were 15.3 public school pupils per teacher compared with 16.4 public
school pupils per teacher in 1998. The pupil/teacher ratio in private schools was projected at 13.1 pupils per teacher
for fall 2009.
42
Elementary
Secondary
Teachers
Teachers
Teachers
197071
$50,081
$48,746
$51,702
197576
48,770
47,531
50,074
198081
43,722
42,696
44,956
198586
49,709
48,760
50,985
199091
53,031
52,079
54,332
199596
52,299
51,598
53,348
200001
53,180
52,606
54,008
200304
53,686
53,277
54,187
200405
53,209
52,767
53,401
200506
52,950
52,397
53,393
200607
53,683
53,355
54,184
200708
53,537
53,116
54,006
200809
54,319
53,998
54,552
200910
54,819
54,781
54,505
Year
43
22 to 24
1985
51.6%
35.3%
16.9%
1990
57.2
39.7
21.0
1992
61.4
44.0
23.7
1993
61.6
42.7
23.6
1994
60.2
44.9
24.0
1995
59.4
44.9
23.2
1996
61.5
44.4
24.8
1997
61.5
45.9
26.4
1998
62.2
44.8
24.9
1999
60.6
45.3
24.5
2000
61.2
44.1
24.6
2001
61.1
46.1
25.5
2002
63.3
47.8
25.6
2003
64.5
48.3
27.8
2004
64.4
48.9
26.3
2005
67.6
48.7
27.3
2006
65.5
47.5
26.7
2007
66.8
48.4
27.3
2008
66.0
50.1
28.2
2009
68.9
51.7
30.4
44
Public
Private
3,500
Thousands
3,000
2,500
2,000
1,500
1,000
500
0
1996
1998
2000
2002
2004
2006
2008
2010P
2012P
2014P
Note: Private school numbers are estimated based on data from the Private School Universe Survey.
Source: ies National Center for Education Statistics, 2011
45
2016P
Race/Ethnicity
Total
White
Black
Hispanic
1990
12.1%
9.0%
13.2%
32.4%
1991
12.5%
8.9%
13.6%
35.3%
1992
11.0%
7.7%
13.7%
29.4%
1993
11.0%
7.9%
13.6%
27.5%
1994
11.5%
7.7%
12.6%
30.0%
1995
12.0%
8.6%
12.1%
30.0%
1996
11.1%
7.3%
13.0%
29.4%
1997
11.0%
7.6%
13.4%
25.3%
1998
11.8%
7.7%
13.8%
29.5%
1999
11.2%
7.3%
12.6%
28.6%
2000
10.9%
6.9%
13.1%
27.8%
2001
10.7%
7.3%
10.9%
27.0%
2002
10.5%
6.5%
11.3%
25.7%
2003
9.9%
6.3%
10.9%
23.5%
2004
10.3%
6.8%
11.8%
23.8%
2005
9.4%
6.0%
10.4%
22.4%
2006
9.3%
5.8%
10.7%
22.1%
2007
9.3%
5.8%
10.7%
22.1%
2008
9.3%
5.8%
10.7%
22.1%
2009
9.3%
5.8%
10.7%
22.1%
Total
White
Black
Hispanic
40%
35%
30%
25%
20%
15%
10%
5%
0%
1990
1992
1994
1996
1998
2000
2002
2004
2006
2008
46
Total
Male
Female
92%
90%
88%
86%
84%
82%
80%
78%
76%
1975
1980
1985
1990
1995
2000
2005
47
Charter Schools
National Charter School Data
Operating in
State
Alaska
Arizona
Arkansas
California
Colorado
Connecticut
Delaware
D.C.
Florida
Georgia
Hawaii
Idaho
Illinois
Indiana
Iowa
Kansas
Louisiana
Maryland
Massachusetts
Michigan
Minnesota
Mississippi
Missouri
Nevada
New Hampshire
New Jersey
New Mexico
New York
North Carolina
Ohio
Oklahoma
Oregon
Pennsylvania
Rhode Island
South Carolina
Tennessee
Texas
Utah
Virginia
Wisconsin
Wyoming
TOTAL
Total
Opened in
'10-'11
Operating
Total
07 - '08
09-'10
25
477
18
698
140
19
19
75
347
65
29
30
63
41
10
33
54
30
62
243
145
1
37
21
11
58
66
99
102
285
15
81
130
11
29
12
320
60
3
246
3
28
564
28
827
161
21
19
96
427
92
32
34
83
54
9
37
82
37
64
286
161
0
40
27
11
71
73
153
101
334
17
98
147
13
37
20
402
77
3
218
4
2
17
4
114
15
1
1
5
56
17
0
5
16
8
0
0
14
3
2
13
0
0
6
0
0
7
9
33
3
34
0
11
8
3
8
8
20
6
1
15
0
30
581
32
941
176
22
20
101
483
109
32
39
99
62
9
37
96
40
66
299
161
0
46
27
11
78
82
186
104
368
17
109
155
16
45
28
422
83
4
233
4
6,169
142,848
10,099
348,686
66,186
4,992
9,581
29,557
150,199
57,987
7,668
14,951
37,860
19,669
1,413
5,003
33,083
9,792
25,167
111,397
30,184
0
17,684
8,033
2,162
20,626
14,932
47,364
36,577
114,554
5,970
17,261
85,142
3,402
12,627
4,963
139,665
35,019
341
40,645
505
4,213
4,988
465
5,443
1,729,963
48
Enrollment
School District
Charter
Mkt. Share
Charter
Non-charter
All
1 New Orleans, LA
61%
22,481
14,335
36,816
2 Washington, DC
38
27,660
45,051
72,711
3 Detroit, MI
36
50,139
89,488
139,627
4 Kansas City, MO
32
8,834
18,839
27,673
5 Dayton,OH
29
6,204
15,075
21,279
Flint,MI
29
5,270
12,774
18,044
6 Gary,IN
28
4,509
11,798
16,307
7 DeSoto,TX
27
2,434
9,069
11,503
27
9,584
26,311
35,895
8 Central Dauphin,PA
St. Louis, MO
26
3,767
10,900
14,667
9 Albany, NY
24
2,589
7,979
10,568
10 West Chester,PA
23
3,585
11,800
15,385
49
Homeschooling
General Facts and Trends
There were an estimated 1.73M to 2.35M children (in grades K to 12) home educated during the spring of
2010 in the United States. The home school population is continuing to grow (at an estimated 2% to 8% per
annum over the past few years).
Homeschooling is quickly growing in popularity among minorities. About 15% of home school families are
non-white/non-Hispanic.
Customize or individualize the curriculum and learning environment for each child.
Enhance family relationships between children and parents and among siblings.
Provide guided and reasoned social interactions with youthful peers and adults.
Provide a safer environment for children and youth, because of physical violence, drugs and alcohol,
psychological abuse, and improper and unhealthy sexuality associated with institutional schools.
Teach and impart a particular set of values, beliefs, and worldview to children and youth.
Academic Performance
The home-educated students typically score 15 to 30 percentile points above public-school students on
standardized academic achievement tests. (Percentiles range from 1 to 99 on these tests.)
Home school students score above average on achievement tests regardless of their parents level of formal
education or their familys household income.
Whether home school parents were ever certified teachers is not related to their childrens academic
achievement.
Home-educated students typically score above average on the SAT and ACT tests that colleges consider for
admissions.
Source: Research Facts on Homeschooling Brian D. Ray, PhD January 11, 2011.
50
2000
2003
2006
2009
2010
Arkansas
11,038
12,497
13,814
16,061
15,791
Colorado
9,380
8,591
5,663
6,501
6,462
Connecticut
2,193
2,269
N/A
N/A
N/A
Delaware
2,174
2,287
2,484
2,606
2,713
Florida
37,196
45,333
55,822
62,567
69,281
Georgia
28,898
34,363
39,477
40,510
42,474
4,375
4,718
4,567
4,927
N/A
Maryland
17,383
21,205
24,277
N/A
N/A
Minnesota
15,249
17,533
17,631
N/A
N/A
Montana
3,627
3,917
4,093
4,075
4,269
Nebraska
4,659
4,929
5,956
6,295
6,540
New Hampshire
3,895
4,343
4,599
5,113
N/A
33,860
54,501
68,707
81,509
83,609
N/A
N/A
23,733
23,715
21,864
Oregon
14,509
20,401
15,220
20,617
N/A
Pennsylvania
24,019
24,076
22,136
21,240
N/A
South Dakota
2,237
2,384
2,007
2,855
3,070
N/A
N/A
8,540
9,177
8,154
Virginia
14,323
18,102
20,240
23,290
24,682
Washington
20,433
19,337
17,577
N/A
N/A
N/A
5,091
6,342
7,027
7, 015
Wisconsin
20,382
21,034
20,157
19,049
N/A
Wyoming
2,000
2,093
2,381
2,325
N/A
Maine
North Carolina
Ohio
Utah
West Virginia
Note: States with Decrease in Homeschooled kids between 2009 and 2010 are highlighted.
Source: Various State Statistics, 2011
51
Most important
Number Percent
Number Percent
1,257,000
83
540,000
36
1,321,000
88
309,000
21
73
258,000
17
32
216,000
14
984,000
65
99,000
315,000
21
55,000
Note: Homeschooled students exclude those enrolled in public or private school more than 25 hours per week and
those homeschooled only because of temporary illness. Percentages are based on a population of 1,508,000
homeschoolers.
Source: US DoE, NCES, Parent and Family Involvement in Education Survey of 2007 (NHES).
# of
students 1
2003
Home# of
# home# homeschoole
schooled
students 1 schooled
d (%)
2007
Home# of
schoole
students 1
d (%)
# homeschooled
Homeschool
ed (%)
50.19 M
0.85 M
1.7%
50.71 M
1.10 M
2.2%
51.14 M
1.51 M
2.9%
22.88
0.24
1.0
25.11
0.27
1.1
0.00
0.24
1.0
9.63
4.6
10.55
5.6
0.00
0.44
4.6
Total
Parents' in labor force
0.44
0.59
13.91
0.10
0.7
12.04
0.17
1.4
0.00
0.10
0.7
3.77
0.07
1.9
3.01
0.05
1.8
0.00
0.07
1.9
$25,000 or less
16.78
0.26
1.6
12.38
0.28
2.3
0.00
0.26
1.6
25,00150,000
15.22
0.28
1.8
13.22
0.31
2.4
0.00
0.28
1.8
50,00175,000
8.58
0.16
1.9
10.96
0.26
2.4
0.00
0.16
1.9
75,001 or more
9.62
0.15
1.5
14.15
0.24
1.7
0.00
0.15
1.5
18.33
0.16
0.9
16.11
0.27
1.7
0.00
0.16
0.9
15.18
0.29
1.9
16.07
0.34
2.1
0.00
0.29
1.9
Bachelor's degree
8.27
0.21
2.6
9.80
0.27
2.8
0.00
0.21
2.6
Graduate/professional school
8.41
0.19
2.3
8.73
0.22
2.5
0.00
0.19
2.3
Number of students refers to all students in public and private schools and homeschooled students.
52
Transition to College
SAT Score Averages of College-Bound Seniors
Race/ethnicity
1990-91 1996-97 2000-01 2002-03 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10
SAT-Critical reading
All students
499
505
506
507
508
503
502
502
501
501
White
518
526
529
529
532
527
527
528
528
528
Black
427
434
433
431
433
434
433
430
429
429
Hispanic or Latino
458
466
460
457
463
458
455
454
453
454
Mexican American
454
451
451
448
453
454
459
456
452
454
Puerto Rican
436
454
457
456
460
459
459
455
455
454
Asian
485
496
501
508
511
510
514
513
516
519
American Indian
470
475
481
480
489
487
487
485
486
485
Other
486
512
503
501
495
494
497
496
494
494
All students
500
511
514
519
520
518
515
515
515
516
White
513
526
531
534
536
536
534
537
536
536
Black
419
423
426
426
431
429
429
426
426
428
Hispanic or Latino
462
468
465
464
469
463
466
463
463
467
Mexican American
459
458
458
457
463
465
454
453
450
452
Puerto Rican
439
447
451
453
457
456
463
461
461
462
Asian
548
560
566
575
580
578
578
581
587
591
American Indian
468
475
479
482
493
494
494
491
493
492
Other
492
514
512
513
513
513
512
512
514
514
SAT-Mathematics
53
Percentage of High School Graduates Who Were Enrolled in College Immediately After
High School Completion, by Race/Ethnicity
Race/ethnicity
Total
White
Black
Hispanic
White/Black White/Hispanic
Gap
Gap
1990
60.1%
63.0%
46.8%
42.7%
16.2%
20.3%
1995
61.9%
64.3%
51.2%
53.7%
13.1%
10.6%
1997
67.0%
68.2%
58.5%
65.6%
9.7%
2.6%
1999
62.9%
66.3%
58.9%
42.3%
7.4%
24.0%
2000
63.3%
65.7%
54.9%
52.9%
10.8%
12.8%
2001
61.7%
64.2%
54.6%
51.7%
9.6%
12.5%
2002
65.2%
68.9%
59.4%
53.3%
9.5%
15.6%
2003
63.9%
66.2%
57.5%
58.6%
8.7%
7.6%
2004
66.7%
68.8%
62.5%
61.8%
6.3%
7.0%
2005
68.6%
73.2%
55.7%
54.0%
17.5%
19.2%
2006
66.0%
68.5%
55.5%
57.9%
13.0%
10.6%
2007
67.2%
69.5%
55.7%
64.0%
13.8%
5.5%
7.8%
12.0%
2008
68.6%
71.7%
55.7%
63.9%
16.0%
2009
70.1%
71.3%
69.5%
59.3%
1.8%
Total
White
Black
Hispanic
80%
70%
60%
50%
40%
30%
1990
1997
2000
2002
54
2004
2006
2008
Percentage of High School Graduates Who Were Enrolled in College Immediately After
High School Completion, by Family Income Level
Family Income
Low
Middle
High
Gap
High/Low
1990
46.7%
54.4%
76.6%
29.9%
1995
34.2%
56.0%
83.5%
49.2%
1997
57.0%
60.7%
82.2%
25.2%
1999
49.4%
59.4%
76.1%
26.7%
2000
49.7%
59.5%
76.9%
27.2%
2001
43.8%
56.3%
79.9%
36.1%
2002
56.4%
60.7%
78.2%
21.8%
2003
52.8%
57.6%
80.1%
27.3%
2004
47.8%
63.3%
80.1%
32.3%
2005
53.5%
65.1%
81.2%
27.6%
2006
2007
2008
2009
50.9%
58.4%
55.5%
54.1%
61.4%
63.3%
65.3%
66.8%
80.7%
78.2%
81.9%
84.2%
29.8%
19.8%
26.4%
30.1%
Total
Low
Middle
High
2004
2006
90%
80%
70%
60%
50%
40%
30%
1990
1997
2000
2002
55
2008
Postsecondary
Total Undergraduate Enrollment in Degree-Granting Postsecondary Institutions
(in Millions)
Total
Gender
Male
Attendance Status
2-year
Public
Private
1990
12.0
5.4
6.6
7.0
5.0
6.7
5.2
9.7
2.3
1991
12.4
5.6
6.9
7.2
5.2
6.8
5.7
10.1
2.3
1992
12.5
5.6
7.0
7.2
5.3
6.8
5.7
10.2
2.3
1993
12.3
5.5
6.8
7.2
5.1
6.8
5.6
10.0
2.3
1994
12.5
5.6
7.0
7.2
5.3
7.0
5.5
10.2
2.3
1995
12.2
5.4
6.8
7.1
5.1
6.7
5.5
9.9
2.3
1996
12.3
5.4
6.9
7.3
5.0
6.8
5.6
9.9
2.4
1997
12.5
5.5
7.0
7.4
5.0
6.8
5.6
10.0
2.4
1998
12.4
5.4
7.0
7.5
4.9
6.9
5.5
10.0
2.5
1999
12.7
5.6
7.1
7.7
4.9
7.1
5.6
10.1
2.6
2000
13.2
5.8
7.4
7.9
5.2
7.2
5.9
10.5
2.6
2001
13.7
6.0
7.7
8.3
5.4
7.5
6.3
11.0
2.7
2002
14.3
6.2
8.1
8.7
5.5
7.7
6.5
11.4
2.8
2003
14.5
6.2
8.3
9.0
5.4
8.0
6.5
11.5
3.0
2004
14.8
6.3
8.4
9.3
5.5
8.2
6.5
11.7
3.1
2005
15.0
6.4
8.6
9.4
5.5
8.5
6.5
11.7
3.3
2006
15.2
6.5
8.7
9.6
5.6
8.7
6.5
11.8
3.3
2007
15.6
6.7
8.9
9.8
5.8
8.7
6.7
12.1
3.5
2008
16.4
7.1
9.3
10.3
6.1
8.8
6.8
12.6
3.8
2009
17.6
7.6
9.9
11.1
6.4
8.9
6.9
13.4
4.2
56
Male
Female
Female
12M
1990
45.0%
55.0%
1991
44.8
55.2
1992
44.5
55.5
1993
44.5
55.5
1994
44.5
55.5
1995
44.2
55.8
1996
44.0
56.0
1997
43.9
56.1
1998
43.8
56.2
1999
43.8
56.2
2000
43.9
56.1
2001
43.8
56.2
2002
43.4
56.6
2003
43.0
57.0
2004
42.9
57.1
2005
42.8
57.2
2006
42.9
57.1
2007
43.1
56.9
2008
43.2
56.8
2009
43.2
56.4
10M
8M
6M
4M
2M
0M
1990
1992
1994
57
1996
1998
2000
2002
2004
2006
2008
Student Characteristic
2000
2002
2004
2005
2008
2009
Total
15.31
16.61
17.27
17.49
19.10
20.43
Undergraduate
13.16
14.26
14.78
14.96
16.36
17.56
Graduate
1.85
2.04
2.16
2.19
2.74
2.86
First-professional
0.31
0.32
0.34
0.34
Undergraduate
Post-baccalaureate
25
M
20
15
10
0
2000
2002
2004
2005
58
2008
2009
Male
1990
1,860
1,586
904
955
845
1,015
1991
1,920
1,639
931
989
894
1,026
1992
1,950
1,669
941
1,009
918
1,032
1993
1,981
1,688
944
1,037
948
1,033
1994
2,016
1,721
950
1,066
969
1,047
1995
2,030
1,732
941
1,089
984
1,047
1996
2,041
1,742
932
1,108
1,004
1,036
1997
2,052
1,753
927
1,124
1,019
1,032
1998
2,070
1,768
923
1,147
1,025
1,045
1999
2,110
1,807
931
1,179
1,051
1,059
2000
2,157
1,850
944
1,213
1,087
1,070
2001
2,212
1,904
956
1,256
1,120
1,093
2002
2,355
2,036 1,010
1,345
1,212
1,143
2003
2,431
2,102 1,033
1,398
1,281
1,150
2004
2,491
2,157 1,047
1,444
1,326
1,166
2005
2,524
2,186 1,047
1,476
1,351
1,173
2006
2,575
2,231 1,061
1,514
1,386
1,188
2007
2,644
2,259 1,088
1,556
1,429
1,215
2008
2,737
2,275 1,122
1,615
1,493
1,244
2009
2,862
2,290 1,174
1,688
1,579
1,283
59
First-Profess
1976
1980
1990
1995
2000
2006
2009
Enrollment in thousands
Total
1,567
1,618
1,859
2,030
2,157
2,574
2,862
White
1,336
1,353
1,449
1,505
1,479
1,687
1,816
155
170
237
338
437
612
740
Black
89
88
100
140
182
274
342
Hispanic
31
39
58
82
110
154
184
Asian/Pacific Islander
29
38
72
106
133
168
195
10
12
17
18
75
95
172
186
240
274
306
Total minority
Percentage Distribution
White
84.4
82.4
77.4
74.0
68.0
64.8
63.5
Total minority
10.2
10.7
12.0
15.6
19.4
23.3
25.9
Black
5.9
5.6
5.3
6.8
8.5
11.1
11.9
Hispanic
2.0
2.4
3.0
3.9
5.2
6.1
6.4
Asian/Pacific Islander
1.9
2.4
3.4
4.4
5.2
5.5
6.8
0.4
0.4
0.4
0.5
0.6
0.6
0.6
5.5
6.9
10.5
10.4
12.6
11.9
10.7
Nonresident alien
60
Men
Women
Other
38%
62%
38%
62%
22%
78%
61%
39%
70%
30%
Health Sciences
20%
80%
Engineering
76%
24%
Education
25%
75%
Business
57%
43%
46%
54%
43%
57%
Total
42%
58%
Other
70%
30%
Masters
48%
52%
Doctoral
64%
36%
High Research
64%
36%
82%
18%
Total
67%
33%
61
9
M
4
1990
2000
2001
2002
2003
2004
2005
2006
2007
2008
62
1,444,239
23,996
2,342
22,004
15,112
116,252
24,467
19,656
4,905
8,659
70,373
44,482
3,846
7,510
53,440
45,913
19,022
14,746
22,576
23,928
7,541
19,922
50,540
51,283
26,776
9,353
28,854
5,324
11,117
7,603
9,032
26,223
7,393
108,398
45,861
6,239
66,257
17,572
14,633
86,833
11,393
22,095
5,715
29,351
84,742
18,188
6,460
41,853
22,786
11,998
34,522
1,601
% of
% of Total
freshmen
Any State Home State
in-state
in-state
1,417,313
1,053,563
73%
74%
18,441
3,543
16,783
12,686
124,747
24,212
24,541
3,832
2,349
67,932
47,179
5,345
6,499
63,938
37,329
14,151
13,874
19,499
21,131
7,512
28,546
43,646
52,354
31,177
7,577
26,883
4,809
10,497
8,703
8,513
53,566
7,416
107,119
39,342
3,927
66,800
14,877
13,131
72,492
5,687
16,672
5,048
27,438
96,033
13,211
4,060
38,789
23,890
8,149
32,962
1,561
15,931
2,109
13,581
11,040
102,750
17,530
10,516
1,931
562
57,207
37,362
2,621
4,560
39,966
32,527
11,000
10,824
16,756
18,931
4,469
12,804
25,814
44,683
19,160
6,132
20,693
3,605
8,354
6,474
3,611
22,056
5,858
78,139
33,606
3,012
54,039
12,838
9,154
56,425
3,037
14,258
3,735
22,010
78,317
12,022
1,723
28,780
17,129
7,224
25,578
863
63
66%
90%
62%
73%
88%
72%
54%
39%
6%
81%
84%
68%
61%
75%
71%
58%
73%
74%
79%
59%
64%
51%
87%
72%
66%
72%
68%
75%
85%
40%
84%
79%
72%
73%
48%
82%
73%
63%
65%
27%
65%
65%
75%
92%
66%
27%
69%
75%
60%
74%
54%
86%
60%
81%
87%
82%
72%
43%
50%
24%
84%
79%
49%
70%
63%
87%
78%
78%
86%
90%
59%
45%
59%
85%
61%
81%
77%
75%
80%
74%
42%
41%
79%
73%
85%
77%
81%
86%
70%
78%
53%
86%
74%
80%
82%
91%
42%
74%
72%
89%
78%
55%
Migration of Students
Out of
Into
Net
state
State
363,750 390,676 26,926
2,510
1,434
3,202
1,646
21,997
6,682
14,025
1,901
1,787
10,725
9,817
2,724
1,939
23,972
4,802
3,151
3,050
2,743
2,200
3,043
15,742
17,832
7,671
12,017
1,445
6,190
1,204
2,143
2,229
4,902
31,510
1,558
28,980
5,736
915
12,761
2,039
3,977
16,067
2,650
2,414
1,313
5,428
17,716
1,189
2,337
10,009
6,761
925
7,384
698
8,065
233
8,423
4,072
13,502
6,937
9,140
2,974
8,097
13,166
7,120
1,225
2,950
13,474
13,386
8,022
3,922
5,820
4,997
3,072
7,118
24,726
6,600
7,616
3,221
8,161
1,719
2,763
1129
5,421
4,167
1,535
30,259
12,255
3,227
12,218
4,734
5,479
30,408
8,356
7,837
1,980
7,341
6,425
6,166
4,737
13,073
5,657
4,774
8,944
738
5,555
-1,201
5,221
2,426
-8,495
255
-4,885
1,073
6,310
2,441
-2697
-1,499
1,011
-10,498
8,584
4,871
872
3,077
2,797
29
-8,624
6,894
-1071
-4,401
1,776
1,971
515
620
-1100
519
-27,343
-23
1279
6,519
2,312
-543
2,695
1502
14,341
5,706
5,423
667
1,913
-11,291
4,977
2,400
3,064
-1,104
3,849
1,560
40
Name
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
400,000
380,232
71,011
68,064
59,120
55,014
54,942
54,325
53,401
51,659
50,995
50,691
48,702
47,071
46,835
46,619
46,504
46,312
45,943
45,185
44,355
380,232
350,000
300,000
250,000
200,000
150,000
100,000
71,011
68,064
59,120
50,000
0
64
55,014
54,942
54,325
53,401
51,659
50,995
Thousands
Men
20
15
10
0
1994
1997
2000
2003
2006
2009
2012E
2015E
White
Black
Hispanic
40
35
30
25
20
15
10
5
0
1975
1980
1985
1990
1995
2000
2005
65
Year
% of Bachelors
awarded to
Degree
Associate
Bachelor
females
196970
206,023
792,316
43.1
197980
400,910
929,417
49.0
198485
454,712
979,477
50.7
198990
455,102
1,051,344
53.2
199192
504,231
1,136,553
54.2
199394
530,632
1,169,275
54.5
199596
555,216
1,164,792
55.1
199798
558,555
1,184,406
56.1
199900
564,933
1,237,875
57.2
200102
595,133
1,291,900
57.4
200304
665,301
1,399,542
57.5
200405
696,660
1,439,264
57.4
200506
713,066
1,485,242
57.5
200607
728,114
1,524,092
57.4
200708
750,164
1,563,069
57.3
200809
787,325
1,601,368
57.2
66
First-Prof.
Doctorate
196970
208,291
34,918
29,866
197980
298,081
70,131
32,615
198485
286,251
75,063
32,943
198788
299,317
70,735
34,870
198889
310,621
70,856
35,720
198990
324,301
70,988
38,371
199091
337,168
71,948
39,294
199192
352,838
74,146
40,659
199293
369,585
75,387
42,132
199394
387,070
75,418
43,185
199495
397,629
75,800
44,446
199596
406,301
76,734
44,652
199697
419,401
78,730
45,876
199798
430,164
78,598
46,010
199899
439,986
78,439
44,077
199900
457,056
80,057
44,808
200001
468,476
79,707
44,904
200102
482,118
80,698
44,160
200203
513,339
80,897
46,042
200304
558,940
83,041
48,378
200405
574,618
87,289
52,631
200506
594,065
87,655
56,067
200607
604,607
90,064
60,616
200708
625,023
91,309
63,712
200809
656,784
92,004
67,716
67
Doctoral
Count
Men Women
3.4%
1,788
30%
70%
6.8%
29,072
35%
65%
13.6%
7,047
31%
69%
7.4%
31,275
35%
65%
1.0%
532
29%
71%
5.3%
22,438
22%
78%
9.1%
4,716
60%
40%
1.4%
6,002
57%
43%
5.3%
2,739
62%
38%
4.1%
17,270
69%
31%
Health Sciences
14.5%
7,540
24%
76%
8.7%
36,945
18%
82%
Engineering
13.2%
6,840
73%
27%
7.1%
30,358
77%
23%
Education
13.3%
6,912
26%
74%
26.5%
112,774
23%
77%
Business
2.8%
1,461
49%
51%
24.4%
103,890
56%
44%
14.3%
7,441
43%
57%
2.8%
11,759
44%
56%
9.5%
4,937
33%
67%
5.5%
23,212
40%
60%
59,472
33%
67%
495,999
40%
60%
Other
68
Masters
Count
Men Women
Doctoral
Total
Masters
Certificates
59,472
100% 495,999
100%
30,667
100%
Public
39,157
66% 286,728
58%
15,699
51%
Private, not-for-profit
18,473
31% 166,294
34%
13,341
44%
42,977
9%
1,627
5%
38,904
65% 163,019
33%
5,466
18%
Public
28,355
73% 118,066
72%
3,812
70%
Private, not-for-profit
10,549
27%
28%
1,654
30%
Private, for-profit
Research Universities (RU/VH)
Private, for-profit
Research Universities (RU/H)
1,842
3%
NA
44,953
NA
NA
10,313
17%
87,224
18%
7,232
24%
Public
7,648
74%
66,362
76%
3,534
49%
Private, not-for-profit
2,665
26%
20,862
24%
3,698
51%
Private, for-profit
NA
NA
NA
Doctoral/Research
5,490
9%
84,337
17%
6,094
20%
Public
1,092
20%
16,546
20%
544
9%
Private, not-for-profit
2,556
47%
29,516
35%
3,923
64%
Private, for-profit
1,842
34%
38,275
45%
1,627
27%
5% 151,401
31%
10,604
35%
Master's
2,922
Public
1,083
37%
82,883
55%
7,394
70%
Private, not-for-profit
1,839
63%
63,816
42%
3,210
30%
Private, for-profit
Other
NA
NA
NA
1,843
3%
10,018
2%
1,271
4%
Public
979
53%
2,871
29%
415
33%
Private, not-for-profit
864
47%
7,147
71%
856
67%
Private, for-profit
NA
NA
69
NA
Private Colleges
Resident Out-of-State
Resident
2-year Public
Resident
Commuter
Tuition
$8,244
$20,770
$28,500
$2,963
$2,963
$1,168
$1,168
$1,213
$1,182
$1,182
$8,887
$8,887
$10,089
$7,408
NA
Transportation
$1,082
$1,082
$926
NA
$1,606
Other
$2,066
$2,066
$1,496
$2,127
$2,127
Total
$21,447
$33,973
$42,224
$13,680
$7,878
Cost of Degree
$85,788
$135,892
$168,896
$27,360
$15,756
70
500
3.0%
Expenditures ($, B)
% of GDP
450
2.9%
400
2.8%
350
2.7%
300
2.6%
250
2.5%
200
2.4%
150
2.3%
100
2.2%
50
2.1%
2.0%
1981
1988
1995
2002
2009
71
Year
Total
Male
Female
197071
65,312
197576
61,319
64,099
52,665
198081
54,913
57,734
47,122
198586
60,767
64,335
51,732
199091
64,275
68,696
54,695
199596
65,152
69,782
56,645
199900
67,392
72,451
59,082
200102
68,440
73,686
60,330
200203
68,749
74,126
60,650
200304
68,647
74,029
60,748
200405
68,405
73,839
60,622
200506
67,883
73,420
60,182
200607
68,585
74,167
61,016
200708
68,545
74,187
61,084
2008-09
73,570
79,706
65,638
2009-10
74,625
80,885
66,653
Male
NA
Female
100,000
80,000
60,000
40,000
20,000
0
72
NA
Total
Year
2-Year
4-Year
2-Year
$67,428
$64,975
$60,762
$44,522
197576
64,049
58,231
59,324
40,125
198081
57,437
52,262
52,610
35,502
198586
63,845
55,510
59,528
36,461
199091
67,849
56,485
64,365
36,719
199596
67,613
57,205
67,146
42,169
199900
69,877
58,170
70,328
43,319
200203
71,166
58,661
72,655
39,039
200304
70,580
58,223
73,422
39,844
200405
70,341
57,434
73,475
39,753
200506
69,708
56,838
73,106
39,545
200607
70,460
57,466
73,636
41,138
200708
70,254
57,515
73,614
41,852
200809
75,245
61,433
79,554
44,302
2009-10
76,153
62,265
80,744
45,731
Public 2-Year
Private 4-Year
Private 2-Year
Thousands
80
4-Year
Private
197071
Public 4-Year
90
Public
70
60
50
40
30
20
10
0
197071 198081 198586 199091 199596 199900 200203 200405 200607 200708 200809 2009-10
73
Distribution
Total revenues
267.4
100%
$26,574
Operating revenues
158.8
59%
20,065
51.8
19%
5,152
43.1
16%
4,283
26.1
10%
2,593
State
7.4
3%
736
Local
9.6
4%
954
63.9
24%
6,647
Nonoperating revenues
92.5
35%
9,188
Federal appropriations
2.0
1%
200
State appropriations
65.5
24%
6,508
Local appropriations
9.8
4%
973
Other nonoperating
15.2
6%
1,507
16.1
6%
1,604
Sources
Revenue
($,B)
Distribution
Total
69.1
100%
$22,404
53.7
78%
17,422
Federal government
21
30%
6,820
State governments
1.8
3%
589
Local governments
0.57
1%
186
17.7
26%
5,733
-64.2
-93%
-20,828
Educational activities
4.8
7%
1,554
Auxiliary enterprises
13.6
20%
4,398
Hospitals
14.8
21%
4,802
5.3
8%
1,726
Investment return
Other
74
Sources
Revenue ($,B)
Distribution
Total
19.37
100%
$15,211
16.74
86.4%
13,143
Federal government
1.41
7.3%
1,105
0.13
0.7%
102
0.08
0.4%
63
Investment return
0.04
0.2%
30
Educational activities
0.37
1.9%
289
Auxiliary enterprises
0.40
2.1%
311
Other
0.21
1.1%
167
75
In-State
Fall 2010
2010 Total
Acceptance
Out-of-State Enrollment
Rate
NA
19,627
7%
NA
7,802
9%
1
1
Harvard University
Princeton University
39,849
37,000
3
4
Yale University
Columbia University
40,500
45,290
NA
NA
11,701
22,283
8%
10%
4
5
Columbia University
California Institute of Technology
37,704
40,732
NA
NA
2,175
10,566
13%
10%
5
5
40,569
42,783
NA
NA
19,535
12,781
7%
19%
5
5
University of Chicago
University of Pennsylvania
42,098
41,958
NA
NA
19,842
14,983
14%
16%
10
11
Duke Univesity
Dartmouth College
42,996
41,983
NA
NA
6,141
19,389
12%
23%
12
13
Northwestern University
Johns Hopkins University
42,280
41,992
NA
NA
21,092
13,820
21%
21%
14
15
42,230
41,541
NA
NA
8,695
20,939
9%
18%
15
17
Cornell University
Rice University
35,551
41,332
NA
NA
5,879
12,714
21%
18%
17
19
Vanderbilt University
University of Norte Dame
41,417
41,164
NA
NA
11,992
13,381
29%
29%
20
21
Emory University
University of California--Berkeley
11,767
41,393
34,645
NA
35,838
16,871
22%
20%
22
23
Georgetown University
Carnegie Mellon University
43,396
42,818
NA
NA
11,618
36,896
33%
24%
23
25
11,604
11,576
34,482
36,570
39,593
24,391
23%
33%
25
25
University of Virginia
Wake Forest University
41,576
12,590
NA
37,265
7,162
41,924
40%
51%
28
29
42,962
7,008
NA
26,834
10,480
29,390
24%
32%
29
31
42,204
41,860
NA
NA
14,015
5,642
31%
35%
31
33
33
Brandeis University
College of William and Mary
New York University
13,132
41,606
41,826
35,409
NA
NA
8,000
43,797
10,111
32%
38%
38%
Mean
Median
36,237
41,541
34,201
35,027
17,459
13,820
25.4%
24.5%
High
Low
45,290
7,008
37,265
26,834
43,797
2,175
63.4%
9.2%
76
Enrollment
Yale University
$50,750
629
Harvard University
45,450
1,733
Stanford University
46,581
571
Columbia University
50,428
1,343
University of Chicago
45,405
634
46,840
1,431
44,840
1,134
University of Pennsylvania
48,362
802
University of California--Berkeley
44,244
916
University of Virginia
42,500
1,105
11
Duke University
47,722
644
12
Northwestern University
49,714
817
13
Cornell University
51,150
615
14
Georgetown University
45,105
1,626
14
University of Texas--Austin
28,669
1,154
16
40,616
999
16
Vanderbilt University
45,286
586
18
48,434
651
18
44,125
893
20
43,999
1,410
20
31,882
752
22
Emory University
38,176
709
22
32,005
793
22
Boston University
40,838
821
23
26,904
646
23
University of California--Davis
41,763
589
23
36,420
640
23
40,805
564
77
Tuition &
Fees
Primary
Research Care
1
15
Harvard University
Enrollment
$45,050
725
University of Pennsylvania
43,960
608
16
41,200
463
41
48,800
493
41
Duke University
44,482
422
76
Stanford University
44,196
456
12,245
618
67
Yale University
45,600
382
University of Washington
23,049
926
10
51
Columbia University
46,212
638
10
20
27,928
665
12
48
40,627
400
13
16
12,245
743
14
28
University of Pittsburgh
39,555
602
15
33
12,245
518
15
55
Vanderbilt University
39,900
436
17
80
45,543
395
18
51
38,126
542
19
41
44,693
712
20
12,557
753
21
33
Emory University
43,300
522
22
28
19,650
725
22
55
47,730
853
22
24
14,210
926
22
20
University of Virginia
35,557
581
78
Enrollment
Harvard University
$51,200
Stanford University
55,200
803
53,926
1,669
52,628
804
54,000
1,201
53,400
1,160
46,416
492
Columbia University
55,868
1,264
53,490
547
10
Yale University
52,750
475
11
48,320
784
12
50,300
888
13
47,750
1,000
13
44,000
659
15
45,386
750
16
Cornell University
51,480
546
17
32,140
534
18
54,800
420
19
43,600
312
19
23,339
575
21
46,781
455
22
46,000
287
23
24,478
448
24
47,544
508
25,680
231
79
1,808
Education Attainment
US Educational Attainment in 2011
Some College
Experience;
17.0%
Bachelor's Degree
or Higher; 30.4%
High School;
30.7%
Associate's
Degree; 9.5%
Less Than High
School; 12.4%
80
High
School
College
Graduate
1960
41.1%
7.7%
1970
52.3%
10.7%
1975
62.5%
13.9%
1980
66.5%
16.2%
1985
73.9%
19.4%
1990
77.6%
21.3%
1995
81.7%
23.0%
2000
84.1%
25.6%
2001
84.1%
26.2%
2002
84.1%
26.7%
2003
84.6%
27.2%
2004
85.2%
27.7%
2005
85.2%
27.7%
2006
85.5%
28.0%
2007
85.7%
28.7%
2008
86.6%
29.4%
2009
86.7%
29.5%
2010
87.1%
29.9%
High School
College Graduate
100%
80%
60%
40%
20%
0%
1970
81
1990
2002
2006
2010
Median Weekly
Earnings
14.9%
$444
10.3%
$626
9.2%
$712
Associate's Degree
7.0%
$767
Bachelor's Degree
5.4%
$1,038
Master's Degree
4.0%
$1,272
Doctoral Degree
2.4%
$1,610
Professional Degree
1.9%
$1,550
Unemployment Rate
$1,800
16.0%
$1,600
14.0%
$1,400
12.0%
$1,200
10.0%
$1,000
8.0%
$800
6.0%
$600
4.0%
$400
$200
2.0%
$0
0.0%
82
Some College
College Graduate
16.0%
14.0%
12.0%
10.0%
8.0%
6.0%
4.0%
2.0%
0.0%
1992 1994 1996 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
83
2008 Medians
Weekly
Earnings
Annual
Earnings
Lifetime Earnings
(40 yrs)
14.9%
$444
$24,300
$972,000
10.3%
$626
$33,800
$1,352,000
9.2%
$712
$39,700
$1,588,000
Associate's Degree
7.0%
$767
$42,000
$1,680,000
Bachelor's Degree
5.4%
$1,038
$55,700
$2,228,000
Master's Degree
4.0%
$1,272
$67,300
$2,692,000
Doctoral Degree
2.4%
$1,610
$91,900
$3,676,000
Professional Degree
1.9%
$1,550
$100,000
$4,000,000
Professional Degree
$4.0 M
Doctoral Degree
$3.7 M
Master's Degree
$2.7 M
Bachelor's Degree
$2.2 M
Associate's Degree
$1.7 M
$1.6 M
$1.4 M
$1.0 M
$0.0
$1.0
$2.0
$3.0
84
$4.0
Millions
Education Level
Number
2010
2020E
% of Workforce
10-20E
2010
2020E
4,409.7
5,286.3
19.9
3.1
3.2
Master's degree
1,986.0
2,417.2
21.7
1.4
1.5
Bachelor's degree
22,171.1
25,827.2
16.5
15.5
15.8
Associate's degree
7,994.6
9,434.6
18.0
5.6
5.8
6,524.0
7,624.9
16.9
4.6
4.7
811.6
953.8
17.5
0.6
0.6
62,089.6
69,665.7
12.2
43.4
42.6
37,081.7
42,327.4
14.1
25.9
25.9
85
DISTANCE/ONLINE LEARNING
86
Fast Facts
According to the International Association for K-12 Online Learning (iNACOL) data published in 2012, 40
states have state virtual schools or state-led initiatives and 30 states, (including Washington, DC) have
statewide full-time online schools.
In 2009-10, there were an estimated 1.8M enrollments in online courses in K-12 school districts. In addition to
this, there are an estimated 200,000 students enrolled in most full-time online schools.
The current average per pupil expenditures for a fully online model is $6,400 and for a blended-learning
model is $8,900 and for a traditional school model is $10,000.
As of late 2011, no state has a full suite of full-time and supplemental online course options for students at all
grade levels.
According to the Sloan Consortium, the overall number of postsecondary students engaged in online courses
in 2010-2011, is estimated at 6.1M, an increase of 560K students over the number reported the previous year
and 31% of all higher education students now take at least one course online.
87
K-12
Full-Time Online Charter Schools Growth
250
200
150
100
50
0
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2009
2010
2011
Thousands
120
100
80
60
40
20
0
2000
2001
2002
2003
2004
2005
2006
88
2007
2008
40
35
30
25
20
15
10
5
0
2007
2008
2009
2010
Community
Outreach 6%
Technology 24%
Administration
15%
Board/Sponsor
6%
Curriculum 20%
Teachers 26%
89
2011
State
Alabama
No. of Virtual
State
Schools
3
Montana
No. of Virtual
Schools
3
Alaska
Nebraska
Arizona
Nevada
Arkansas
New Hampshire
California
New Jersey
Colorado
11
New Mexico
Connecticut
New York
Delaware
North Carolina
District of Columbia
North Dakota
Florida
Ohio
Georgia
Oklahoma
Hawaii
Oregon
Idaho
Pennsylvania
Illinois
Rhode Island
Indiana
South Carolina
Iowa
South Dakota
Kansas
Tennessee
Kentucky
Texas
12
Louisiana
Utah
Maine
Vermont
Maryland
Virginia
Massachusetts
Washington
Michigan
West Virginia
Minnesota
Wisconsin
Mississippi
Wyoming
Missouri
90
14
State
% of
Students in
FT Online
Schools
% change
(2008 to
2010)
2008-09
2009-10
2010-11
30,076
30,338
36,814
22%
3.89%
Arkansas
500
500
500
0%
0.10%
California
10,502
15,000
n/a
n/a
0.25%
Colorado
11,641
13,093
15,314
32%
1.88%
Florida
1,079
2,392
4,000
271%
0.16%
Georgia
4,300
5,010
5,000
16%
0.30%
500
500
1,500
0.83%
3,611
4,709
5,223
45%
1.92%
200
470
0.05%
5,399
4,000
4,891
-9%
1.05%
Massachusetts
220
318
0.05%
Michigan
800
0.06%
Minnesota
5,042
8,248
9,559
90%
1.19%
Missouri
700
700
0.08%
Nevada
4,603
6,256
7,122
55%
1.70%
27,037
31,852
31,142
15%
1.78%
1,100
2,500
4,456
305%
0.68%
3,861
4,798
20%
0.88%
22,205
24,603
28,578
29%
1.64%
S. Carolina
1,981
5,781
7,690
288%
1.07%
Texas
1,650
4,500
4,500
173%
0.09%
500
1,475
1,572
214%
0.28%
13,000
16,003
17,786
37%
1.82%
3,100
3,927
4,328
40%
0.50%
100
807
964
864%
1.11%
Arizona*
Hawaii
Idaho
Indiana
Kansas*
Ohio
Oklahoma*
Oregon
Pennsylvania
Utah
Washington*
Wisconsin*
Wyoming
Note: * Enrollment numbers are a statewide count of unique students in both full-time programs and supplemental
courses
Source: Keeping Pace with K-12 Online Learning, Evergreen Education Group, 2011
91
Colorado
D.C.
Florida
Georgia
Hawaii
Idaho
Virginia
Washington
Wisconsin
Wyoming
92
1994
1996
1998
2000
2001
2003
2005
2008
3%
14%
51%
77%
87%
93%
94%
98%
3%
13%
51%
76%
86%
93%
93%
98%
16
52
79
88
94
95
99
3%
15%
54%
83%
87%
93%
92%
98%
300 to 999
13
53
78
87
93
94
98
1,000 or more
16
45
70
86
94
94
99
Locale
City
4%
12%
47%
66%
82%
90%
88%
97%
Urban fringe
16
50
78
87
94
96
99
Town
14
55
87
91
97
98
98
Rural
14
57
85
89
94
95
98
4%
18%
57%
85%
88%
93%
96%
6 to 20 percent
18
59
83
90
95
97
21 to 49 percent
12
52
79
89
95
91
50 percent or more
37
64
81
92
92
3%
17%
57%
82%
90%
95%
96%
99%
35 to 49 percent
12
60
81
89
93
88
98
50 to 74 percent
11
41
77
87
94
96
98
75 percent or more
38
60
79
90
91
97
93
District characteristic
Total
District enrollment size
Less than 2,500
2,500 to 9,999
10,000 or more
Total
Elementary
Schools
Middle /
junior
high
schools
High
Schools
Combined /
ungraded
schools
163,476 1,344,136
1,816,400
1,816,400
72,656
509,000
579,200
728,100
40,720
579
14,562
50,900
579
80,091
407,200
312,768
626,166
5,090
579
7,281
Metropolitan status
Urban
Suburban
Rural
653,700
527,300
306,800
328,600
654
21,092
307
329
39,222
63,276
36,816
16,430
405,294
432,386
245,440
262,880
654
5,273
307
23,002
Region
Northeast
Southeast
Central
West
77,700
518,800
697,100
522,800
78
10,376
34,855
523
4,662
57,068
69,710
41,824
71,484
446,168
418,260
418,240
78
519
697
523
287,700
288
11,508
288
233,037
1,009,300
20,186
100,930
20,186
686,324
519,400
36,358
46,746
36,358
436,296
High
Schools
Combined /
ungraded
schools
Poverty concentration
Less than 10%
10 to 19%
20% or more
District characteristic
Elementary
Schools
Middle /
junior
high
schools
8%
0%
2%
10%
0%
11%
80%
54%
86%
1%
0%
1%
Metropolitan status
Urban
Suburban
Rural
0%
4%
0%
0%
6%
12%
12%
5%
62%
82%
80%
80%
0%
1%
0%
7%
Region
Northeast
Southeast
Central
West
0%
2%
5%
0%
6%
11%
10%
8%
92%
86%
60%
80%
0%
0%
0%
0%
0%
2%
7%
81%
68%
84%
0%
4%
2%
10%
7%
9%
Source: National Center for Education Statistics, First Look 2009-10.
94
Fully Online
Blended
Postsecondary institution
47%
27%
41%
15%
Independent vendor
35%
18%
29%
15%
21%
19%
17%
35%
10%
2%
9%
7%
6%
5%
5%
2%
Other
2%
2%
Grade
Fully
Online
Blended
Total
K-5
21%
1%
14%
6-8
15%
20%
17%
9-12
64%
78%
69%
Other
<1%
<1%
<1%
95
Postsecondary
Total and Online Enrollments in Degree-Granting Postsecondary Institutions
Growth %
Online Enroll
Growth %
Online as
% of Total
Year
Total Enrollment
2002
16,611,710
1,602,970
9.6%
2003
16,911,481
2%
1,971,397
23%
11.7%
2004
17,272,043
2%
2,329,783
18%
13.5%
2005
17,487,481
1%
3,180,050
37%
18.2%
2006
17,758,872
2%
3,488,381
10%
19.6%
2007
18,248,133
3%
3,938,111
13%
21.6%
2008
19,102,811
5%
4,606,353
17%
24.1%
2009
19,524,750
2%
5,579,022
21%
28.6%
2010
19,641,140
1%
6,142,280
10%
31.3%
Total Enrollment
21
19
in millions
17
15
13
11
9
7
5
3
1
2002
2003
2004
2005
2006
96
2007
2008
2009
2010
6%
5%
18%
12%
For-prof it 4-yr
26%
30%
16%
17%
20%
11%
2007
2003
14%
12%
8%
12%
Public 2-year
18%
Public 4-year
14%
0%
5%
10%
15%
24%
18%
20%
97
25%
30%
35%
Thousands
3,500
3,000
2,500
2,000
1,500
1,000
500
0
2000
2002
2004
2006
2008
2009
2010
2011E
2013E
2015E
4,000
3,500
As % of Total Postsecondary
18%
16%
Thousands
14%
3,000
12%
2,500
10%
2,000
8%
1,500
6%
1,000
4%
500
2%
0%
2000
2002
2004
2006
2008
98
2010
2011
2013E
2015E
Rank Company
Type
Rating
National University
Private, not-for-profit
10.86
Private, not-for-profit
16.39
Private, not-for-profit
16.70
Regent University
Private, not-for-profit
17.10
Public, not-for-profit
17.57
Private, not-for-profit
17.78
Private, for-profit
17.93
Liberty University
Private, not-for-profit
18.15
Private, for-profit
18.60
Walden University
Private, for-profit
19.70
10
Note: Rating reflects sum of all the ranks divided by the number of metrics (such as acceptance rate, financial aid,
graduation rate, online programs, retention rate, scholarly citations, student-faculty ratio and years accredited) for
which data was found.
Source: NCES, Online Educational Database, 2010
99
MARKET STATISTICS
100
Recent IPOs
Company Name/Ticker
Sector
Stock Market
Apr-12
MT Educare
Edu Services
India-BSE
534312
Oct-11
Langloo.com
Language learning
Poland-WSE
LAN
Oct-11
Eikoh Holdings
Test Review
Japan-TSE
6053
113
Oct-11
Onlineformapro S.A.
Online Application
France-ENXTPA
MLONL
Training Services
Poland-WSE
PAK
Edu Services
India-BSE
533540
Aug-11
Aug-11
Aug-11
Polska Akademia
Rachunkowosci
Tree House Education &
Accessories
Ticker
Market
Cap, USD,
M
Date
20
0
136
ePals
SLN
58
Jul-11
Prestariang Berhad
Certification
Courses
PRESBHD
63
Jul-11
ABRE11
Jul-11
Tutoring
Hong Kong-SEHK
1082
65
Jun-11
Curro Holdings
Private Schools
S.Africa-JSE
COH
239
Mar-11
APFT Berhad
Flight Training
Malaysia-KLSE
APFT
37
Jan-11
China Education
Private Schools
US-OTCBB
CEII
28
Jan-11
Digital Daesung
Edu. Programs
Korea-KOSE
A068930
48
Dec-10
Sibling Entertainment
Edu Tech/Services
US-OTCPK
SIBE
Dec-10
Loyalist Group
Private Schools
US-TSXV
LOY
Dec-10
Zee Learn
Edu. Services
India-BSE
533287
79
Dec-10
Anhanguera Educacional
Participacoes S.A
Education Service
Brazil-BOVESPA
AEDU3
1,689
Nov-10
Tutoring
US-NYSE
XUE
Oct-10
IT Training
India-BSE
517433
Oct-10
Career Point
Tutoring
India-NSEI
CPIL
Oct-10
K-12/Postsecondary US-Nasdaq
GEDU
Oct-10
Tutoring
US-NYSE
XRS
Sep-10
Private Schools
US-OTCBB
CBLY
26
Sep-10
Editions Granada
Arabic Tutoring
France-ENXTPA
MLGRA
10
Sep-10
RedHill Education
Colleges
Australia-ASX
RDH
Aug-10
Career Education
US-NYSE
AMBO
Jul-10
Creative Learning
CLCN
Child Care
US-TSXV
EDU
86
Malaysia-KLSE
MEGB
159
Mar-10
G8 Education
Childcare Centers
Australia-ASX
GEM
174
Mar-10
Promethean World
PRW
230
Malaysia-KLSE
Source: Capital IQ
101
216
0
73
878
4
518
Company
Acquirer
Value
Year
Blackboard (K-20)
$1.64B
2011
Renaissance Learning
Permira Funds
$455M
2011
Wireless Generation
News Corp.
$360M
2011
Nobel Learning
$149M
2011
Plato Learning
Thoma Bravo
$143M
2010
Equity Invested
Number of deals
500
450
90
$,M
80
400
70
350
60
300
50
250
200
40
Cumulative: 438
30
150
20
100
Cumulative: $1.97B
50
10
0
2002
2003
2004
2005
2006
2007
102
2008
2009
2010
2011
K12
Postsecondary
Corporate Training
1.60
1.40
1.20
1.00
0.80
0.60
0.40
0.20
0.00
Source: BMO Capital Markets Estimates, US DoE, NCES & Training Magazine
103
y/y % change
25
12%
10%
20
8%
15
6%
10
4%
2%
0%
2006
2007
2008
2009
2010
2011E
104
2012E
2013E
2014E
2015E
2016E
30
Technology
Other Services
$, B
20
10
0
2005
2006
2007
2008
2009
2010
2011E
2012E
2013E
2014E
2015E
2016E
Source: BMO Capital Markets estimates based on various forecasts including Veronis Suhler Stevenson, Gartner and
Eduventures
105
12
Basal Content
Supplemental Content
$, B
0
2004
2005
2006
2007
2008
2009
2010
Source: Veronis Suhler Stevenson Communications Industry Forecast and BMO Capital Markets
Revenue
y/y % change
20%
$, B
6
15%
10%
5%
0%
-5%
-10%
-15%
2004
2005
2006
2007
2008
2009
2010
Source: Veronis Suhler Stevenson Communications Industry Forecast (August 2010) and BMO Capital Markets.
106
Revenue
2.0
y/y % change
10%
$, B
1.6
5%
1.2
0%
0.8
-5%
0.4
-10%
0.0
-15%
2004
2005
2006
2007
2008
2009
Source: Veronis Suhler Stevenson Communications Industry Forecast (August 2010) and BMO Capital Markets
K-12 Assessment
2.0
Revenue
y/y % change
18%
$, B
1.6
14%
1.2
10%
0.8
6%
0.4
2%
0.0
-2%
2004
2005
2006
2007
2008
2009
2010
Source: Veronis Suhler Stevenson Communications Industry Forecast (August 2010) and BMO Capital Markets
107
K-12 Technology
Revenues
11
y/y % change
5%
$, B
4%
10
3%
2%
1%
0%
-1%
2005
2006
2007
2008
2009
2010
2011E
2012E
2013E
2014E
2015E
2016E
y/y % change
4.0%
$, B
3
1.0%
2
-2.0%
2002
2003
2004
2005
2006
2007
2008
108
2009
2010
2011E
2012E
2013E
Revenue
y/y % change
$, B
30%
25%
1.0
20%
0.8
15%
0.6
10%
0.4
5%
0.2
0%
0.0
-5%
2002
2003
2004
2005
2006
2007
2008
109
2009
Post Secondary
Market Share of Private For-Profit Institutions as a % of Total Enrollment
12%
11%
10%
9%
8%
8%
2006
2007
8%
6%
4%
2%
0%
2008
2009
15
10
0
2002
2003
2004
2005
110
2006
2007
2008
2,000
10%
8%
1,500
6%
1,000
4%
500
2%
0%
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
For-Profit Institutions
1,200
900
600
300
0
2000
2001
2002
2003
2004
2005
111
2006
2007
2008
2009
2010
Revenue (B)
2005
2006
2007
2008
2009
2010
2011
51.58
55.19
58.50
52.07
46.34
47.26
51.75
7.0%
6.0%
-11.0%
-11.0%
2.0%
9.5%
Y-o-Y
Revenue
y/y % change
70
15%
$, B
60
10%
50
5%
40
0%
30
-5%
20
-10%
10
0
-15%
2005
2006
2007
2008
2009
112
2010
2011
y/y % change
25%
$, B
20%
0.8
15%
10%
0.4
5%
0.0
0%
2010
$4.55B
23.1%
K-12
$5.5B
-6.8%
Professional Publishing
$3.75B
6.3%
Scholarly Publishing
$191M
4.7%
113
INDUSTRY LEADERS
114
Company
Mkt. Share as %
Mkt. Share
% of
of center-based
Ownership Capacity Centers
as % of
total
capacity centers Capacity Centers
Headquarters
Knowledge Universe
Portland, OR
Private
218,300
1,641
2.2%
0.5%
2.8%
1.4%
Novi, MI
Private
156,110
1,036
1.6%
0.3%
2.0%
0.9%
Private
80,000
730
0.8%
0.2%
1.0%
0.6%
West Chester, PA
NLCI
28,500
184
0.3%
0.1%
0.4%
0.2%
Columbus, GA
Private
22,874
160
0.2%
0.0%
0.3%
0.1%
Scottsdale,AZ
Private
21,000
115
0.2%
0.0%
0.3%
0.1%
Greenwood, SC
Private
20,023
144
0.2%
0.0%
0.3%
0.1%
Woodbridge, VA
Private
13,814
115
0.1%
0.0%
0.2%
0.1%
Plymouth, MN
Private
13,032
86
0.1%
0.0%
0.2%
0.1%
CCLC
Sunnyvale, CA
Private
12,343
102
0.1%
0.0%
0.2%
0.1%
Office Park
Centers
Organization
Ownership
Private
485
215
77,000
Private
93
16
12,380
Private
36
6,205
Private
39
4,200
Private
13
13
2,716
Private (non-profit)
12
2,364
Private
30
1,800
Private (non-profit)
11
1,304
115
Capacity
Ownership/Ticker
ACT
Private (non-profit)
College Board
Private
CompassLearning
WRC Media
MHP
Private
Private
Learning Express
Private
Learning.com
Private
Measured Progress
Private
Private
PSO
PLATO Learning
Private
Questar Assessment
QUSA.OB
Renaissance Learning
RLRN
Scantron Corporation
MFW
116
Ownership/Ticker
Non-profit Agency
Canter
Laureate Education
Edvantia
Not-for-profit corporation
Houghton Mifflin
Private
McREL
Non-profit Agency
PSO
Private
Solution Tree
Private
Teachscape
Private
Private
117
Ticker
Type
A to Z In-Home Tutoring
SES/Private
Brainfuse
SES
Club Z!
SES/Private
Edison Learning
SES/Other Public
Educateonline
SES
SES/Private
SES/Private
WPO
SES/Other Public
Knowledge Learning
SES/Other Public
SES/Private
SES/Other Public/Private
PLATO Learning
SES
Princeton Review
REVU
SES/Other Public/Private
SES/Other Public/Private
University Instructors
SES/Other Public/Private
118
Charter
Schools
Students in
Managed Schools
Company
Location
K12 (LRN)
Herndon, VA
24
23
39,069
Grand Rapids, MI
60
60
38,470
61
31
34,748
Imagine Schools
Arlington, VA
79
79
34,530
Akron, OH
51
50
20,363
Academica
Miami,FL
55
55
20,300
Fort Lauderdale, FL
34
24
18,500
Phoenix, AZ
65
65
17,977
Connections Academy
Baltimore, MD
14
10
16,544
Mosaica Education
New York, NY
30
30
9,490
119
Company
Location
Start Date
K12
Herndon, VA
82,670
1999
K-12
Connections Academy
Baltimore. MD
35,000
2002
K-12
Akron, OH
15,000
1988
K-12
Pinnacle Education
Tempe, AZ
5,075
1995
9-12
120
Grade Levels
2011
Company
Ticker
Informa
INF.L
No
$1,227
Franklin Covey
FC
No
$161
Learning Tree
LTRE
Yes
$133
Privately held
No
$84
ExecuTrain
Privately held
Yes
$29
Privately held
Yes
$14
New Horizons
NWRZ
Yes
N/A
SkillSoft
Privately held
Yes
N/A
Element K
Privately held
Yes
N/A
Dale Carnegie
Privately held
Yes
N/A
Source: Capital IQ
121
Ticker
Headquarters
ACS/Xerox
XRX
Irving,TX
Accenture
ACN
New York, NY
Adayana
Private
Minneapolis, MN
Private
New York, NY
Private
Saginaw, MI
Expertus
Private
Mountain View, CA
General Physics - GP
GPX
Elkridge, MD
GPX
New York, NY
Hemsley Fraser
Private
London, UK
IBM
IBM
Armonk, NY
Private
Seattle, WA
KnowledgePool
Private
Berkshire, UK
LionBridge
Private
Waltham, MA
Logica
Private
Reading,UK
MicroTek
Private
Downers Grove, IL
NIIT, Ltd./Element K
NIITLTD.NS
QA
Private
Slough, UK
RTN
Dallas, TX
Tata Interactive
Private
Mumbai, India
Private
Westboro, MA
122
Ticker
Revenue
(M)
Enrollment
Revenue
/Student
Market Cap
(M)
Apollo Group
APOL
$4,733
221,900
$21,329
$4,484
Washington Post
WPO
$4,215
74,550
NM
$2,923
Education Management
EDMC
$2,869
150,800
$19,025
$1,635
DeVry
DV
$2,153
212,696
$10,121
$2,159
Career Education
CECO
$1,884
99,000
$19,032
$494
Corinthian Colleges
COCO
$1,716
93,457
$18,364
$326
ESI
$1,500
73,000
$20,547
$1,619
Strayer Education
STRA
$627
54,233
$11,569
$1,033
LINC
$513
19,204
$26,692
$169
UTI
$441
18,500
$23,832
$307
Capella Education
CPLA
$430
37,704
$11,405
$485
APEI
$260
110,000
$2,367
$677
123
Company
Ticker
Blackboard Learn
Private
Certpoint Systems
ACN
Cornerstone onDemand
CSOD
Private
Private
Private
Private
Private
Outstart's TrainingEdge.com
Private
SABA
SAP
SumTotal Systems
Private
Taleo's Learn.com
ORCL
Private
WBT Systems
Private
Desire2Learn
Private
rSmart
Private
Source: Trimeritus.com
124
Company
McGraw-Hill
Pearson Education
Kaplan
Cengage Learning
Scholastic
Houghton Mifflin Harcourt
School Specialty
1
Revenue (in M)
CY2011
MHP
$6,502
PSON
$5,862
WPO
$2,465
Apax Partners
$1,958(1)
SCHL
$1,951
$1,269.4(2)
SCHS
$762
125
Company
State
126
TX
TX
CA
MD
TX
TX
MI
AZ
NV
WI
MA
MA
CA
NY
PA
GA
AZ
CA
CA
NY
VA
IL
CO
UT
AR
PA
IL
MD
FL
IL
GA
DE
PA
MD
CA
OH
NJ
NY
KY
TX
MA
NV
CA
NJ
CA
NY
PA
WA
CA
FL
Rank
19
21
104
332
450
452
534
713
742
877
893
999
1,181
1,186
1,251
1,281
1,295
1,353
1,498
1,579
1,597
1,606
1,625
1,631
1,737
1,742
1,760
1,830
1,864
1,978
2,046
2,190
2,233
2,278
2,308
2,321
2,532
2,614
2,631
2,636
2,751
2,888
2,933
3,005
3,019
3,104
3,146
3,203
3,214
3,223
Revenue
Growth
$47.1
$9.9
$14.2
$3.3
$13.0
$4.3
$3.8
$2.5
$64.9
$27.8
$4.5
$11.1
$49.9
$3.3
$2.0
$37.0
$2.1
$18.8
$12.9
$2.5
$2.3
$2.4
$4.7
$4.0
$4.2
$14.0
$19.9
$5.3
$31.7
$5.5
$10.2
$12.7
$10.9
$11.8
$2.4
$64.4
$26.7
$4.2
$5.3
$4.4
$31.2
$4.6
$37.3
$2.4
$4.9
$2.0
$7.9
$4.1
$6.5
$13.8
8161%
8007%
2629%
1000%
773%
773%
629%
444%
425%
351%
343%
307%
250%
249%
233%
225%
223%
211%
186%
174%
172%
170%
167%
167%
154%
153%
152%
143%
140%
129%
124%
114%
111%
107%
105%
104%
93%
89%
88%
88%
81%
74%
72%
68%
68%
64%
63%
61%
61%
60%